What is the future value of this cash flow stream at the beginning of year 7 : $100 at the end of 1 year, $150 after at the end of year 2,200 at the beginning of year 3, $300 at the end of year 3, and 500 at the beginning of year 5 assuming the appropriate interest rate is 15%? ( The answer is 604.75 but i dont know how it came) Please show the calculations manually by formula and not by excel
What is the future value of this cash flow stream at the beginning of year 7 : $100 at the end of 1 year, $150 after at the end of year 2,200 at the beginning of year 3, $300 at the end of year 3, and 500 at the beginning of year 5 assuming the appropriate interest rate is 15%? ( The answer is 604.75 but i dont know how it came) Please show the calculations manually by formula and not by excel
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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- What is the
future value of this cash flow stream at the beginning of year 7 : $100 at the end of 1 year, $150 after at the end of year 2,200 at the beginning of year 3, $300 at the end of year 3, and 500 at the beginning of year 5 assuming the appropriate interest rate is 15%? ( The answer is 604.75 but i dont know how it came) Please show the calculations manually by formula and not by excel
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