Wainright Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 720 2 930 3 1,190 4 1,275 If the discount rate is 10 percent, what is the present value of these cash flows

Respuesta :

Answer:

The present value of cash flows is $3,188

Explanation:

The present value is the discounted value of future cash flows. It is today's value of future cash flows.

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