identified an investment project with the following cash flows. Year Cash Flow 1 $850 2 1,190 3 1,450 4 1,600 a. If the discount rate is 7 percent, what is the present value of these cash flows

Total present value= $4,238.04

Explanation:

Giving the following information:

Cf1= $850

Cf2= 1,190

Cf3= 1,450

Cf4= 1,600

discount rate= 7 percent

To calculate the present value, we need to use the following formula on each cash flow:

PV= Cf/(1+i)^n

Cf1= 850/1.07= 794.39

Cf2= 1,190/1.07^2= 1,039.39

Cf3= 1,450/1.07^3= 1,183.63

Cf4= 1,600/1.07^4= 1,220.63

Total present value= $4,238.04

b, fewer problems later! good luck

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.