Help me out here !
I'm trying to illustrate to my staff how the value of €1,000 per year drops each year, heres a simple table;
Present Value of €1,0001000End of Yr1952End of Yr2907End of Yr3864End of Yr4823End of Yr5784
I've just taken into account 5% for inflation (is that sufficient?)
I'm hoping to get across that if staged payments are used, then they must be made on-time and the profit added has to be done very carefully to take into account the falling value of the payments.
Ta in advance!
I'm trying to illustrate to my staff how the value of €1,000 per year drops each year, heres a simple table;
Present Value of €1,0001000End of Yr1952End of Yr2907End of Yr3864End of Yr4823End of Yr5784
I've just taken into account 5% for inflation (is that sufficient?)
I'm hoping to get across that if staged payments are used, then they must be made on-time and the profit added has to be done very carefully to take into account the falling value of the payments.
Ta in advance!