(I know this has been asked elsewhere, but those are old threads and who knows if those people are around to answer anymore.)
- N=15; PV=-650000; FV=1600000; PMT=-25000. When calculating I/Y for the required return, why is PMT=-25000? The explanation I have read is “they are adding to the account not paying out of it.” How is the $25000 being added to account?
2)Is the $30000 to support youth leagues included already, or what? It is not an itemized amount anywhere in the cash flows.