What is the present value of $2,125 per year, at a discount rate of 8 percent, if the first payment…

What is the present value of $2,125 per year, at a discount rate of 8 percent, if the first payment is received 7 years from now and the last payment is received 21 years from now? 

 

Can anyone show me how to solve this type of cash flow problem? Problem. Please Help!

"Is this question part of your assignment? We can help"

ORDER NOW