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(2] PV (Present Value) = PV(rate,nper,pmt, Fv,type) PV( 1%,n,A,Fv) Problem: : i= 8% per year, n= 36 months, A=$ 300, FV=$12000 & type: payments are made at the end of a period. Find the present value? F=$ 12000 A= $300 Months 3 4 35 36 i=8%/12 P=? Also use the following equations to find the present worth (Hand calculations &Excel sheet).

(2] PV (Present Value) = PV(rate,nper,pmt, Fv,type) PV( 1%,n,A,Fv) Problem: : i= 8% per year, n= 36 months, A=$ 300, FV=$12000 & type: payments are made at the end of a period. Find the present value? F=$ 12000 A= $300 Months 3 4 35 36 i=8%/12 P=? Also use the following equations to find the present worth (Hand calculations &Excel sheet).

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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(2) PV (Present Value) = PV(rate,nper,pmt, Fv,type) PV( 1%,n,A,Fv) Problem: : i= 8% per year, n= 36 months, A=$ 300, FV=$12000 & type: payments are made at the end of a period. Find the present value? F=$ 12000 A= $300 Months 35 36 i=8%/12 P=? Also use the following equations to find the present worth (Hand calculations &Excel sheet). (1+i)" -1 Po=F(1+i) P, = A & i(1+i)" Ans. $19020.60
Transcribed Image Text:(2) PV (Present Value) = PV(rate,nper,pmt, Fv,type) PV( 1%,n,A,Fv) Problem: : i= 8% per year, n= 36 months, A=$ 300, FV=$12000 & type: payments are made at the end of a period. Find the present value? F=$ 12000 A= $300 Months 35 36 i=8%/12 P=? Also use the following equations to find the present worth (Hand calculations &Excel sheet). (1+i)" -1 Po=F(1+i) P, = A & i(1+i)" Ans. $19020.60
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