6-1

help

Mendez Company has identified an investment project with the following cash flows. Year Cash Flow 1 $740 970 1,230 1,325 a. If the discount rate is 9 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the present value at 18 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the present value at 24 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Answer is not complete. a. Present value at 9% b. Present value at 18% c. Present value at 24% $ 2,755.79 x 234