Level I的time value of money的题目 payment, annuity, investor, received, discount

jasmine_jkx

这道题是一级session2 P88里面的练习题，具体请看题目 An investor will receive an annuity of $4000 a year for ten years. The first payment is to be received five years from today. At a 9% discount rate, this annuity's worth today is closest to: A. $16,684 B. $18,186 C. $25,671 我的想法是: BEG模式 PMT=4000 N＝10 I/Y＝9 CPT->PV，PV=25671.6  接着，FV＝25671.6 N=5 I/Y=9 CPT->PV，PV=16684 不太会分什么时候是AnnuityDue，还有N有时候不知道怎么确定。。。。大神能教我一下吗。。。

adjani.zhang

回复 1# jasmine_jkx

   画线形图，数n