Present Value and Multiple Cash Flows?Machine Co. has identified an investment project with the following cash flows. If the discount rate is 5 percent, what is the present value of these cash flows? What is the present value at 13 percent? At 18 percent?

Discount Rate	5%	13%	18%
Year 1:	$585	$585	$585
Year 2:	$815	$815	$815
Year 3:	$1,630	$1,630	$1,630
Year 4:	$2,140	$2,140	$2,140
Present Value @ 5%, 13%, and 18% =