USING EXCEL FOR PRESENT VALUE CALCULATIONS

EXCEL’s PV function computes the present value of a lump sum payment and/or an annuity. The function has the form: =PV (discount rate, number of periods, payment, future value, type) ... you think that the investment will repay you $2,000 at the end of three years and $3,000 at the end of years four through seven. You should invest in the ... ................
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