Assume the appropriate discount rate for the following cash flows is 4.78 percent per
year.
s...
Business, 25.09.2020 06:01 AikawaAisyah2080
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
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