Question

Is this the correct answer?

PV=-50,000+180,000/1+r+180,000/1+r squared=250,000

Responses

math - bobpursley, Monday, April 6, 2009 at 12:38pm
does r have a value?

math - anonymous, Monday, April 6, 2009 at 12:48pm
oh yes, r=20%

bobpursley
Without parenthesis,it is not possible to work.

If you mean this..
PV=-50,000+180,000/(1+r)+180,000/(1+r^2)

I get 273 076.923 on the Google search calculator.
ok, I think I'm getting closer. Thanks.

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