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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

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 9.3 %?

Year Cash Flow
1 $ 1,680
2 2,090
3 2,395
4 2,405

Multiple Choice

  • $6,805.85

  • $8,570.00

  • $7,438.79

  • $7,687.92

  • $6,049.64

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