the present value of his endowment would be what i know

Post New Homework

If Peter consumes (1400 , 1200) and earns (900 , 1760) and if the interest rate is 10%, the present value of his endowment would be what? I know the answer is 2500, but I need to know HOW you get this?

Post New Homework
Captcha

Looking tutor’s service for getting help in UK studies or college assignments? Order Now