I would like to know how to solve this problem by inserting the n,i/y,pv,pmt,fv into...
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I would like to know how to solve this problem by inserting the n,i/y,pv,pmt,fv into my ba ii plus calculator please.
6 You have just turned 27 and may now spend a portion of the trust fund your parents established for you. The terms of the trust fund allow you to withdraw 50 beginning-of-the-year cash flows of $40,000 each. An investment firm has offered to pay you cash for all of the fund today. If the rate they use to discount the cash flows is 14% per year, what is their offer price today for your pension fund
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