Question: Given a 5 percent interest rate, compute the present value of cash flows occurred in years 1, 2, 3, and 4 of $1,000, $1,400, $1,400,

Given a 5 percent interest rate, compute the present value of cash flows occurred in years 1, 2, 3, and 4 of $1,000, $1,400, $1,400, and $1,500

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