Search:

I'm really struggling with how to work out the Present value. Any help would be appreciated!

Amount in future = £80,000.
Number of yrs = 23.
Rate of interest per year = 7%.

Calculate the...

Just wondering if someone could help me with working this question out, I have tried but I'm really stuck!

Amount in future = £80,000.
Number of years = 23.
Rate of interest per year = 7%.
...

A company is buying a sound system.

Type A
Will cost £20,000
Will not need servicing.

Type B
Will cost £15,000.
Will need servicing at the end of each year.
Cost of servicing - £2000.

Oooo!
How do I do that!

Investment now = £60,000.
Cash return at the end of year 10 = £120,000.

Calculate the Internal Rate of Return