1. Consider another set of net cash flows:

1. What cash flows today (time 0), in lieu of the 1,000 cash flow, would be needed to accumulate $10,000 at the end of year 5? (Assume that the cash flows for years 1 through 5 remain the same.)

Year	Cash flow
0	1,000
1	1,000
2	0
3	1,500
4	2,000
5	3,500