PLEASE WHEN SOLVING THIS PROBLEM SHOW EACH STEP. I WANT TO BE ABLE TO UNDERSTAND THIS PROBLEM AND NOT JUST HAVE AN ANSWER WITHOUT STEPS, SO PLEASE INCLUDE STEPS SO I CAN FOLLOW AND UNDERSTAND. THANKS

Consider another set of net cash flow:

Year	Cash flow
0	1,500
1	2,000
2	0
3	1,500
4	3,000
5	4,000

1. What is the net present value of the stream if the opportunity cost of capital is 11 percent?

2. What is the value of the stream at the end of year 5 if the cash flows are invested in an account that pays 11 percent annually?

3. What cash flows today (time 0), in lieu of the 2,000 cash flow, would be needed to accumulate $20,000 at the end of year 5? (assume that the cash flows for years 1 through 5 remain the same.)