6.Wainright Co. has identified an investment project with the following cash flows.      Year   Cash Flow   1     $ 720     2       930     3       1,190     4       1,275        If the discount rate is 10 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))      Present value $     What is the present value at 18 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))      Present value $      What is the present value at 24 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))      Present value $

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter26: Capital Investment Analysis
Section: Chapter Questions
Problem 3CMA
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6.Wainright Co. has identified an investment project with the following cash flows.

    

Year

 

Cash Flow

 

1

 

 

$

720

 

 

2

 

 

 

930

 

 

3

 

 

 

1,190

 

 

4

 

 

 

1,275

 

 

  

If the discount rate is 10 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

  

  Present value

$  

 

What is the present value at 18 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

  

  Present value

$  

  

What is the present value at 24 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

  

  Present value

$  


 

 

 

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