I need to calculate present value of the projected revenue from an oil well. In the financial/investment world, they are always talking about PV10. I assume that this is the present value of a projected revenue stream for a given well, using a discount rate of 10%.
In B21 through Z21, I have the projected revenue for years 1-25. Can you tell me the formula I need? I've read up on this and am not totally sure, it's confusing.
In B21 through Z21, I have the projected revenue for years 1-25. Can you tell me the formula I need? I've read up on this and am not totally sure, it's confusing.