NO.PZ2015120604000013
问题如下:
An annuity of $2,000 per year will be received for twenty years. The first payment is to be received at the end of thirteenth years. Assume the discount rate is 7% over next years, calculate the today's present value of the annuity
选项:
A.$8,792.
B.$9,408.
C.$10,066.
解释:
B is correct.
- Calculate the PV of annuity at the end of the twentieth years : N = 20; I/Y = 7; PMT = -2,000; FV = 0; CPT PV = 21,188.03. ;
- Calculate the PV today: N = 12; PMT = 0; FV = -21,188.03; I/Y = 7; CPT PV = 9,407.74.
老师好,根据题目理解,画时间轴都是从0时刻开始画的,题目里面写的是13年的年末收到第一笔现金流,所以时间轴上体现不是应该是14那个节点上收到现金流?按照后付年金计算方式的话,就是折到第13个点那里的PV,然后往前折到0时刻的话N不应该是13么?还是说这里的话PV计算的应该是1那个点?