Hi Sunil
Cash price of asset is 10000 calculated as follows
Year | Amount to be paid | Discounting Factor | Discounted Value (Amt*Discounting factor) |
0 | 2000 | 1.00 | 2000 |
1 | 2800 | 0.91 | 2545 |
2 | 2600 | 0.83 | 2149 |
3 | 2400 | 0.75 | 1803 |
4 | 2200 | 0.68 | 1503 |
Total | 10000 |
Written on Oct. 11, 2016, 10:15 p.m.