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$85,000 at 5% for 15 years.
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sand85
Posted 5/11/2023 06:40 (#10224562 - in reply to #10224489)
Subject: RE: $85,000 at 5% for 15 years.


C IL

It was specified by the OP as an input parameter/discount rate from a decision made 15 years ago.  

The $1.8M number is correct for payments made at the end of the year across the payment series.  The $1.9M number given above by PeeWeeFarmer is today’s value for payments made at the beginning of the year across the payment series.



Edited by sand85 5/11/2023 06:43
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