Different cash flow.Given the following cashinflow, what is the present value of this cash flow at

Different cash ow. Given the following cash inow, what is the present value of this cash flow at 8%, 14%, and 23% discount rates? Year 1: $2,500 9 Year 2: $8,000 Years 3 through 7: $0 Year 8: $25,000 What is the present value of this cash ow at 8% discount rate? $E| (Round to the nearest cent.)