1. Suppose that you will receive $350 tomorrow. You will then receive fourteen additional cash flows of $350 each year. If the interest rate is 10 percent, what is the value of these cash flows?

2. Consider an investment costing $21,000. This investment will generate leveled cash flows for 8 years. If the interest rate is 8 percent, what is the amount of each cash flow?

Answer rating: 100% (QA)

1 For the first question You will receive 350 tomorrow The present ... View the full answer