account today to meet your expense needs over the next four years? 186 27. Discounted Cash Flow Analysis (L01] If the appropriate discount rate for the following cash flows is 9 percent compounded quarterly, what is the present value of the cash flows? Year Cash Flow 1 $ 815 MacBook Pro 990 0 1,520 28. Discounted Cash Flow Analysis (L01) If the appropriate discount rate for the following cash flow is 7.17 percent per year, what is the present value of the cash flows? Year Cash Flow 1 $2,480 2 0 3 3,920 4 2,170