问题如下:
Given the discount rate of 4% a year compounded annually, the present value (PV)of 50,000, as of the end of Year 5 (PV5 ), of the cash flow received at the end of Year 20 is closest to:
选项:
A.
$22,819.
B.
$27,763.
C.
$28,873.
解释:
B is correct.
The PV in Year 5 of a $50,000 lump sum paid in Year 20 is $27,763.23 (where FV is future value): PV = FVN(1 + r)–N PV = $50,000(1 + 0.04)–15 PV = $27,763.23
我看了中文解释再回头看英文,都还是没看懂,能再解释一下吗,这句英文怎么解释的就是那个意思