Another Challenging Time Value of Money Problem, James Tompkins

This is an "Understanding Finance Nugget" in which I do another challenging time value of money problem. This is not quite as hard as the previous nugget (Challenging Time Value of Money Problem), but nevertheless a challenge. If this does not make complete sense I recommend in order that you watch my two lectures: "Time Value of Money: Single Cash Flows, James Tompkins" and "Time Value of Money: Multiple Cash Flows, James Tompkins".

[@pratikshashendre2740]

Can you please provide question bank and answers for some difficult TVM problems. It would be really helpful.

[@WillJohn-nq6ez]

Hi Mr. Tompkins, do u write any finance textbook so I can get myself one? Tks a lot.

[@Clifffffffffford]

Thanks!

[@zvonest4]

I did it a bit differently. So i initialy multiplied the annuity formula with (1+0,219), to get the amount at a time of first payment. And then discounted it for 17 weeks back in the time. And i got 53896,74. If it could go this eay too?