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11 3.34 points 01:23:13 Price Mart is considering outsourcing its billing operations. A consultant estimates that outsourcing should result in cash savings of $9,100
11 3.34 points 01:23:13 Price Mart is considering outsourcing its billing operations. A consultant estimates that outsourcing should result in cash savings of $9,100 the first year, $15,100 for the next two years, and $18,100 for the next two years. Interest is at 10%. Assume cash flows occur at the end of the year. Required: Calculate the total present value of the cash flows. Note: Use tables, Excel, or a financial calculator. Do not round intermediate calculations. Round your final answer to nearest whole dollar. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Total present value of the cash flows
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