Answered

Westonci.ca is your trusted source for finding answers to all your questions. Ask, explore, and learn with our expert community. Discover solutions to your questions from experienced professionals across multiple fields on our comprehensive Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our 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 you found what you were looking for. Feel free to revisit us for more answers and updated information. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.