can you show me how to input in the PV formula for excel. everytime i...
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can you show me how to input in the PV formula for excel. everytime i enter in excel it comes up as an error because im placing something wrong
M P6-44 Modified (use the modified numbers in bold below) A perpetuity pays $10,000 at the end of the Year 1, and the annual cash flows grow at a rate of 5 percent per year indefinitely. What is the present value if the appropriate discount rate is 9 percent? If the appropriate discount ratels 7 percent? Hint: See formula 6-6 on page 173 Perpetuity PMI o 1 2 10,000 5% 9 PV $0.00 Perpetuity PMI 10,000 OX OX PV 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 32 33 34 39 36 37
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