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Intro It is the end of 2022. You (foolishly) played the lottery and won the following cash flows, to be paid at the end
Intro It is the end of 2022. You (foolishly) played the lottery and won the following cash flows, to be paid at the end of each year: Year 2023 2024 2025 2026 2027 Cash flow 1,300 1,600 1,800 2,000 2,200 The appropriate interest rate is 11%. Part 1 What is the sum of present values? 0+ decimal Previous answers: 6318.87 Submit Attempt 2/10 for 9 pts. Part 2 BAttempt 2/10 for 9 pts. Now assume that the interest rate is 9%. What is the present value of all cash flows? 0+ decimals Submit
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