Question: Consider the cash flows presented in the table below. What is the present value if the appropriate interest rate is 6 percent compounded annually? Year
- Consider the cash flows presented in the table below. What is the present value if the appropriate interest rate is 6 percent compounded annually?
Year Cash Flow
1 1,000
2 3,000
3 2,000
4 5,000
5 6,000
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