Question: Find the net present value, rounded to the nearest penny, of the cash flows below, assuming the discount rate is 12%. Year Cash Flow 0
Find the net present value, rounded to the nearest penny, of the cash flows below, assuming the discount rate is 12%.
| Year | Cash Flow |
| 0 | -1058 |
| 1 | 271 |
| 2 | 418 |
| 3 | 476 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
