financial accounting 1 problem
What role enhancing experiences have you experienced thus far as (in the nursing profession)?
September 7, 2021more marketing due 18 hrs
September 7, 2021financial accounting 1 problem
Mr. Art Deco will be paid $100,000 one year hence. This is a nominal flow, which he discounts at an 8% nominal discount rate:
PV = 100,000/1.08 = $92,593
The inflation rate is 4%.
Calculate the PV of Mr. Deco’s payment using the equivalent real cash flow and real discount rate. (You should get exactly the same answer as he did.)
Use excel
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