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chuziyang · 2022年01月09日

請問FV爲何不能是48000

NO.PZ2015120604000009

问题如下:

An investor purchased an annuity many years ago, he will receive $1,200 per year at the end of each of the next 40 years from this annuity. If the interest rate is supposed to be 7%, the present value of the cashflows the investor will receive is closest to:

选项:

A.

$15,998.

B.

$17,193.

C.

$239,662.

解释:

A is correct.

N = 40; I/Y = 7; PMT = -1,200; FV = 0; CPT PV = $15,998.05

老師您好,我剛開始對題目的理解是:每年返還1200,40年 FV不應該是48000嗎?


1 个答案

星星_品职助教 · 2022年01月09日

同学你好,

1)每年的1200是PMT的值,不是FV;

2)1200不能直接叠加,直接叠加无法体现出货币的时间价值。