can you tell me how to enter this on a HP 12C calculator?
is the goal to find the cash flows individually and then sum them together?
for the individual cash flows, I calculated the below 1030350 992839 103640 951975 824944
I know the correct answer is $4,429,046 my current sum is much higher
Krysel Inc. is expecting a new project to begin producing cash flows at the end of this year. They expect cash flows to be as follows: If they can reinvest these cash flows to earn a return of 9.2 percent, what is the future value of this cash flow stream at the end of five years? (Round to the nearest dollar.) Krysel Inc. is expecting a new project to begin producing cash flows at the end of this year. They expect cash flows to be as follows: If they can reinvest these cash flows to earn a return of 9.2 percent, what is the future value of this cash flow stream at the end of five years? (Round to the nearest dollar.)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!