Problem 4-11 Present Value and Multiple Cash Flows

Conoly Co. has identified an investment project with the following cash flows.

Year				Cash Flow
	1			$	920
	2				1,330
	3				1,590
	4				1,775

If the discount rate is 10 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Present value

$

If the discount rate is 20 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Present value

$

If the discount rate is 30 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Present value

$