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Apple Inc. currently has a 3d-IPad project. The cash flows for that project are provided in the table below. Estimate the present value of Apple's

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Apple Inc. currently has a 3d-IPad project. The cash flows for that project are provided in the table below. Estimate the present value of Apple's cash flows using an annual interest rate of 8.8 %? Year 1 2 Cash Flow $1,580 1,940 2,220 2,230 3 4 $6,969.98 $6,406.23 $5,694.43 $7,188.11 $7,970.00

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