Answer:
To calculate the present value of the cash flow at different discount rates, we can use the present value formula:
PV = CF1/(1+r)^1 + CF2/(1+r)^2 + ... + CFn/(1+r)^n
where PV = present value, CF = cash flow, r = discount rate, and n = number of years.
At 6% discount rate:
PV = $2,000/(1+0.06)^1 + $8,000/(1+0.06)^2 + $24,000/(1+0.06)^8
PV = $1,886.79 + $7,056.64 + $12,518.33
PV = $21,461.76
At 13% discount rate:
PV = $2,000/(1+0.13)^1 + $8,000/(1+0.13)^2 + $24,000/(1+0.13)^8
PV = $1,769.91 + $6,156.63 + $8,565.98
PV = $16,492.52
At 22% discount rate:
PV = $2,000/(1+0.22)^1 + $8,000/(1+0.22)^2 + $24,000/(1+0.22)^8
PV = $1,652.89 + $5,184.50 + $4,303.07
PV = $11,140.46
Therefore, the present value of the cash flow at 6%, 13%, and 22% discount rates are $21,461.76, $16,492.52, and $11,140.46, respectively.