Scribd Logo
Upload

Welcome to Scribd!

  • CM1B Ch10 001 Annotated Solution Spreadsheet (Solving Equation of Value For I)

    Uploaded by

    Deepak
    15 views4 pages

    Original Title

    CM1B Ch10 001 annotated solution spreadsheet (solving equation of value for i)

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    15 views4 pages

    CM1B Ch10 001 Annotated Solution Spreadsheet (Solving Equation of Value For I)

    Uploaded by

    Deepak

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 4

    Solving an equation of value to find the effective annual rate of interest

    annual interest (i) 9.7%

    Time in days
    since investment
    Date made Cashflow Discount factor PV
    6/12/2016 0 -100,000 1.00000 -100,000.00
    10/1/2016 111 18,000 0.97214 17,498.44
    12/31/2016 202 25,000 0.94987 23,746.79
    5/14/2017 336 41,500 0.91801 38,097.51
    9/28/2017 473 15,500 0.88654 13,741.44
    1/5/2018 572 8,000 0.86448 6,915.83
    Total PV 0.00
    Solving an equation of value to find the effective annual rate of interest
    annual interest (i) 9.7%
    rate of interest

    You might also like