Question: Please solve this question and please show all the steps of the solution. Thanks Penny bought a new truck today from Middlefield Motors. She will

Please solve this question and please show all the steps of

Please solve this question and please show all the steps of the solution. Thanks

Penny bought a new truck today from Middlefield Motors. She will receive a cash rebate of 5,000 dollars from Middlefield Motors today, pay 16,000 dollars to Middlefield Motors in 1 year(s), receive a cash rebate of 5,200 dollars from Middlefield Motors in 4 year(s), and pay 19,100 dollars to Middlefield Motors in 7 year(s). If the discount rate is 14.35 percent, then what is the present value of the cash flows associated with this transaction? Note: the correct answer is less than zero. Number

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