USING EXCEL FOR PRESENT VALUE CALCULATIONS

He wants to deposit the money today and wants the bank to start giving you your checks one month from today. Rate: 5%/12. Nper: 20. Pmt: 2000. Fv: Type: 0 . Note: the default for Type is 0, so we could have left Type blank. A. nswer ($38,302.22) Example 2b: The same rich relative of yours in Example 2a changes his mind, he wants the bank to start giving you your checks . starting . the day he ... ................
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