calculate the present value of a revenue stream for 8 years at a constant rate of $12000 per year if the discount rate is 7.5%?

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- Aug 1st 2007, 06:10 AMmarquezHelp Required
calculate the present value of a revenue stream for 8 years at a constant rate of $12000 per year if the discount rate is 7.5%?

- Aug 1st 2007, 07:55 AMtukeywilliams
$\displaystyle PV = \frac{12000}{(1+0.075)^8} $.