You want to start a food-truck business. It is expected to generate after-tax cash flows of $40,000

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You want to start a food-truck business. It is expected to generate after-tax cash flows of $40,000 per year in the years 1 through 4 and $50,000 per year in the years 5 through 8. If you discount these cash flows at an annual rate of 10% what is the present value of your expected cash flows?

Why the answer is $235,048, Please show the ans step by step

Posted Date: May 18, 2024 12:12 PM

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You want to start a food-truck business. It is expected to generate after-tax cash flows of $40,000

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