Question

Assume the appropriate discount rate for the following cash flows is 4.78 percent per

year.
s
Year
1
2
3
4
Cash Flow
$1,400
1,900
3,400
4,300
Book
Print
erences
What is the present value of the cash flows? (Do not round intermediate calculations
and round your answer to 2 decimal places, e.g., 32.16.)
Present value

Answer 1

$9,589.75

Step-by-step explanation:

The computation of the present value of the cash flows should be shown in the excel spreadsheet. Kindly find the two attachment out of which one attachment contains the final values, the other attachment contains the formula sheet

After applying the formulas,

The present value of the cash flows is $9,589.75

Hence, the same is to be considered