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What is the value of an investment that will pay investors 5,150 dollars per year for...

What is the value of an investment that will pay investors 5,150 dollars per year for 9 years and will also pay investors an additional 8,380 dollars in 2 year(s) from today if the expected return for the investment is 7.08 percent per year and the first annual payment of 5,150 dollars will be paid to investors in one year from today?

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Answer #1

What is the value of an investment

=PMT*((1-(1+r)^(-n))/r)+CF2/(1+r)^n

=5150*((1-(1+7.08%)^(-9))/7.08%)+8380/(1+7.08%)^2

=40748.04

the above is answer..

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