Question: Please show work by hand (with equation) and by using excel. Thank you. Calculate the present value (PV) of a cash inflow of $500 in

Please show work by hand (with equation) and by using excel. Thank you.

Calculate the present value (PV) of a cash inflow of $500 in one year, and a cash inflow of $1,000 in 5 years, assuming a discount rate of 15%.

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