Answered

Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Explore a wealth of knowledge from professionals across various disciplines on our comprehensive Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

You receive $1000 per year for 10 years beginning 1 year from today and you receive an additional $4000 10 years from today. If the interest rate is 6%, what is the value today of this stream of cash flows?

Sagot :

Answer:

$9594.06

Explanation:

To find the present value of the cash flows given an interest rate of 6%, we need to discount each cash flow to its present value and then sum them up.

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.