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You are given an investment to analyze. The cash flows from this investment are End of year 1. $28,170 2. $2,780 3. $14,990 4. $6,540 5. $1,930 What is the present value of this…

You are given an investment to analyze. The cash flows from this investment are End of year 1. $28,170 2. $2,780 3. $14,990 4. $6,540 5. $1,930 What is the present value of this…
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1 vote
You are given an investment to analyze. The cash flows from this investment are

End of year
1. $28,170
2. $2,780
3. $14,990
4. $6,540
5. $1,930

What is the present value of this investment if 5 percent per year is the appropriate discount rate?

asked
User ILovePaperTowels
by
7.5k points

1 Answer

6 votes

Answer:

Present value of the investment is approximately $48,594.48.

answered
User Dsifford
by
7.8k points
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