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I assume you would calculate this as an annuity due. Therefore, you would have payments of $60K at the beginning of each year for 25 years.
N=25
I/Y=4
PMT=60,000
Using the above assumptions, I get a PV of $974,817.79. Keep in mind, my calculator was in BEG mode.
If your calculator is in END mode, use N=24 and then add $60K for the initial payment. |
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发表于 2013-4-8 13:57
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