UPX Material - University of Phoenix
Take year 1 for example—to get this year’s value out to year 5, you must use the future value (FV) function: PV = 45 i = 10 n = 4 because it is 4 years to get to year 5 Solving for FV = 65.68 FV - YR5 = 185.00 FV - YR4 = 192.50 FV - YR3 = 78.65 FV - YR2 = 73.21 FV - YR1 = 65.88 Terminal value (total of years 1 through 5) = 595.24 Once this ... ................
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