Assume the appropriate discount rate for the following cash flows is 10.2 percent.   Year Cash Flow 1 $2,100            2 2,000            3 1,700            4 1,500                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.)

Question
Assume the appropriate discount rate for the following cash flows is 10.2 percent.
 
Year Cash Flow
1 $2,100           
2 2,000           
3 1,700           
4 1,500           
 
 

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.)

 

 

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