Question: If the appropriate discount rate for the following cash flows is 7.13 percent per year, what is the present value of the cash flows? Year
If the appropriate discount rate for the following cash flows is 7.13 percent per year, what is the present value of the cash flows?
Year Cash Flow
1 ......................$1,400
2 ....................... 1,900
3 ....................... 3,400
4 ....................... 4,300
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The present value is the present worth of all the future cash flows The present value of unequal cash flows is calculated by discounting each cash flow ... View full answer

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