If the appropriate discount rate for the following cash flows is 15 percent per year, the...

 

Transcribed Image Text:

If the appropriate discount rate for the following cash flows is 15 percent per year, the present value of the cash flows is $ (Do not include the dollar sign ($). Round A your answer to 2 decimal places. (e.g., 32.16)) Year 1 Cash Flow $1,400 0 234 7,100 700 If the appropriate discount rate for the following cash flows is 15 percent per year, the present value of the cash flows is $ (Do not include the dollar sign ($). Round A your answer to 2 decimal places. (e.g., 32.16)) Year 1 Cash Flow $1,400 0 234 7,100 700

Answer rating: 100% (QA)

The present value PV of a future cash flow is the current worth of that cash flow consider... View the full answer