Question: please give answer as formula (using cell names) A1 *** J E D F G H B 1 2 3 Investment X offers to pay

A1 *** J E D F G H B 1 2 3 Investment X offers to pay you $4,700 per year for eight years, whereas Investment Y offers to pay you $6,700 per year for five years. Which of these cash flow streams has the higher present value if the discount rate is 5 percent? If the discount rate is 15 percent? 4 5 6 $ Payment for X Number of years for X 4,700 8 7 8 Payment for Y Number of years for Y 6,700 5 9 10 11 12 13 Discount rate Discount rate 5% 15% 15 X fx A B D E F G H J 8 9 $ Payment for Y Number of years for Y 6,700 5 10 11 12 13 Discount rate Discount rate 5% 15% 14 15 16 Complete the following analysis. Do not hard code values in your calculations. All answers should be positive. 17 Value of X at 5% Value of Y at 5% 18 19 20 21 22 23 24 25 Value of X at 15% Value of Y at 15%
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