Posted: September 21st, 2016

If the appropriate discount rate for the following cash flows is 12.25 percent per year, what is the present value of the cash flows?

If the appropriate discount rate for the following cash flows is 12.25 percent per year, what is the present value of the cash flows?

Year 1 Cash flow is $1500.
Year 2 cash flow is $3200.
Year 3 cash flow is $7200.
Year 4 cash flow is $9600.