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Calculate the present value of a growing annuity at a discount rate of 9% per year....

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Finance

Calculate the present value of a growing annuity at a discountrate of 9% per year. The growth rate (constant) of the annuity is4% per year. the life of the annuity is 10 years. the first annuitypayment is $2000 occurring at the end of year one.

Calculate using Excel please.

Answer & Explanation Solved by verified expert
3.6 Ratings (455 Votes)
The formula for Cashflow is mentioned in cell C2 B21B5and we can drag this formula to other cells till year 10Year 1    See Answer
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Calculate the present value of a growing annuity at a discountrate of 9% per year. The growth rate (constant) of the annuity is4% per year. the life of the annuity is 10 years. the first annuitypayment is $2000 occurring at the end of year one.Calculate using Excel please.

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