Question: 1.Find the net present value, rounded to the nearest penny, of the cash flows below, assuming the discount rate is 23%. Year Cash Flow 0
1.Find the net present value, rounded to the nearest penny, of the cash flows below, assuming the discount rate is 23%.
| Year | Cash Flow |
| 0 | -695 |
| 1 | 349 |
| 2 | 230 |
| 3 | 363 |
2.
Find the net present value, rounded to the nearest penny, of the cash flows below, assuming the discount rate is 20%.
| Year | Cash Flow |
| 0 | -673 |
| 1 | 326 |
| 2 | 444 |
| 3 | 487 |
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