This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: from today) for nine years if the discount rate is 16%? into this account (starting one year from today) for 50 years earning 5% interest for the entire period? D.  What is the present value using 8% as the discount rate of the following projected income stream: $400 at the end of the first year; $400 at year 2; $400 at year 3; $800 at year 4; and $1,000 at year 5? Time Value of Money III - Annuities_x000D_McLaughlin's "Fun with Finance" Brief Case Series BOLSHOI E.  Enter the following into your calculator: 1045708 and turn your calculator over to read the name of a famous Russian ballet company....
View Full Document
This note was uploaded on 04/27/2009 for the course FRL 301 taught by Professor Carney during the Spring '08 term at Cal Poly Pomona.
- Spring '08