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7. Complex Cash Flows 7.1 Draw a cash flow diagram for the cash flows in the table below. Determine the present value of the cash

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7. Complex Cash Flows 7.1 Draw a cash flow diagram for the cash flows in the table below. Determine the present value of the cash flow shown in the figure using a periodic interest rate of 8% compounded annually. (5 points) Year Receipts ($) Disbursements ($) 0 0 4,750 1 1,000 0 2 2,000 0 3 2,000 0 4 1,000 0 2

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