Thread: 50-yard field goal for $1,000,000!
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Old 10-27-2005, 11:20 PM
Thythe Thythe is offline
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Join Date: Jan 2004
Posts: 432
Default Re: 50-yard field goal for $1,000,000!
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anyone wanna time value of money that and come up with the present value of that annuity?

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Assuming an interest rate of r=.1:

(25000/.1)*(1-1/((1+.1)^40))=$244,476.30
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