suppose you hve a $ 1000 ordinary annuity earning an 8% return. How many annual end-of-year $ 150 withdrawls can be made?
notes上的解法如下
The number of years in the annuity can be determinedc by entering the three relevant variables and compting N
I/Y=8; PMT =150; Pv= -1000; CPT N=9.9 years
我不明白的地方是为什么1000美元可以当作present value?
谢谢各位大虾！作者: tishangrenji 时间: 2012-8-15 11:50
just needs to be able to calcualte the FV at the end of the term. negative sign -1000 represents that money needs to pay out of pocket at the beginning of the term in order to find out FV作者: tishangrenji 时间: 2012-8-15 11:50
just needs to be able to calcualte the FV at the end of the term. negative sign -1000 represents that money needs to pay out of pocket at the beginning of the term in order to find out FV作者: eerenyuan 时间: 2012-8-23 08:37
