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(4-14) Uneven Cash Flow Stream Find the present values of the following cash flo

ID: 2695741 • Letter: #

Question

(4-14) Uneven Cash Flow Stream Find the present values of the following cash flow streams. The appropriate interest rate is 8%. (Hint: It is fairly easy to work this problem dealing with the individual cash flows. However, if you have a financial calculator, read the section of the manual that describes how to enter cash flows such as the ones in this problem. This will take a little time, but the investment will pay huge dividends throughout the course. Note that, when working with the calculator

Explanation / Answer

It's formatted poorly but 0% means we can just add 100+400+400+400+300=1600 300+400+400+400+300=1800