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How to solve this problem? 8. A publisher is deciding whether or not to invest in a new printer. The printer would cost $900, and

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8. A publisher is deciding whether or not to invest in a new printer. The printer would cost $900, and would increase the cash flows in year 1 by $500 and in year 3 by $800. Cash flows do not change in year 2. If the interest rate is 12%, what is the present value of the cash flows from the investment? ~ a. $155.59- b. $1015.85- c. $1076.56- d. $346.78

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