Question

Global Investments is considering a project that will produce cash inflows of $11,000 in year 1, $24,000 in year 2, and $36,000 in year 3. What is the present value of these cash inflows if the company assigns the project a discount rate of 12 percent?

Answer 1

For year 1, present value is $9,821.43

For year 2, present value is $19,132.65

For year 3, present value is $25,624.09

Step-by-step explanation:

Please refer to the attached file