You have accumulated some money for your retirement. You are going to withdraw 86431 every year at the end of the year for the next 30 years. How much money have you accumulated for your retirement? Your account pays you 16% per year, compounded annually. To answer this question, you have to find the present value of these cash flows.
You have an opportunity to invest $ 100,000 now in return for $79,300 in one year and $29,400 in two years. If your cost of capital is 8.7%?, what is the NPV of this? investment?
The NPV will be ____$. ?(Round to the nearest? cent.)