I need help and keep get stuck trying to figure out this problem. can you...
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Accounting
I need help and keep get stuck trying to figure out this problem. can you help me. let me know if I am doing the cash flow diagram right in excel.
Question 6: A series of cash flows begins at $20,000 the first year, with an increase each year until n=10. If the interest rate is 10%, what is the present value when the annual increase is $2,000? Round your answer and provide in the format NNNNNN, without commas decimals or leading zeros. s 60 question 6 61 62 PV 63 FV 64 i 65 n 66 A 67 G 68 69 70 71 72 10% n= 10 2000 indiv pv sum $20,000 1 2 3 4 $9,282.00 $2,000.00 $4,200.00 $6,620.00 $22,000.00 $26,620.00 $35,431.22 $51,874.85 6 7 $18,974.34 $12,210.20 $15,431.22 $83,544.96 $148,005.00 $288,419.87 8 9 10 $22,871.78 $31,874.85 $27,158.95 $618,253.61 $1,457,809.67 $3,781,182.85 15
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