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Below is a series of cash flows. Find the present value of this amount if the interest rate is 3% per year for the first

  1. Below is a series of cash flows. Find the present value of this amount if the interest rate is 3% per year for the first 4 years and 13% per year for the last 6 years. Do the problem in Excel and submit the spreadsheet. Ive provided a couple of video tutorials, which you may find helpful.

Year

Cash Flow

1

$6,000

2

6,000

3

7,000

4

8,000

5

8,000

6

8,000

7

4,000

8

7,000

9

7,000

10

9,000

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