Cash-Flow Calculations
i% = periodic interest rate.
J = the group number of the cash flow.
CF; = amount of the cash flow for group j.
пу = number of times the cash flow occurs for group j.
& = the group number of the last group of cash flows.
Nj =
У n, = total number of cash flows prior to group j.
15143
1
k
When NPV = 0, the solution for 2% is ће periodic internal rate of
return.
134 B: More About Calculations