Question: Find the net present value, rounded to the nearest penny, of the cash flows below, assuming the discount rate is 15% Year Cashflow 0 -1187
Find the net present value, rounded to the nearest penny, of the cash flows below, assuming the discount rate is 15%
| Year | Cashflow |
| 0 | -1187 |
| 1 | 406 |
| 2 | 521 |
| 3 | 481 |
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