Problem 6-1 Present Value and Multiple Cash Flows [LO1] Mendez Company has identified an investment project with the following cash flows. Year 1 2 3 4 Cash Flow $ 910 1,310 1,570 1,750 1 a. If the discount rate is 11 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) b. What is the present value at 20 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the present value at 30 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) a. Present value at 11% b. Present value at 20% c. Present value at 30% search C Problem 6-7 Calculating Annuity Values [LO1] You plan to deposit $4,700 at the end of each of the next 25 years into an account paying 10.3 percent interest. a. How much money will you have in the account in 25 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 50 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Future value of 25 deposits b. Future value of 50 deposits