Math question Help Needed

Accounting
Tutor: None Selected Time limit: 1 Day

Find the present value of the following mixed stream of cash flows using a discount rate of 8%. Assume the cash flow are received at the end of each year. Year 1/ $7000, Year 2/ $3000, Year 3/ $2000. (Round to the nearest cent)

Jun 10th, 2015

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Period Cash Flow Present Value
1 7,000.00 6,463.53
2 3,000.00 2,557.79
3 2,000.00 1,574.51
Total: 10,595.83
PVn=CFn/(1+in)^n

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Jun 10th, 2015

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