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Investment on an asset is expected to yield the following cash flow (starting from year 2 to year 10) and the resale value (salvage will

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Investment on an asset is expected to yield the following cash flow (starting from year 2 to year 10) and the resale value (salvage will be 8,000 dollars at the end of the 10^th year. Investment on the asset is evenly split between present time and year 1 (investment is equal at present time and year 1). much How can be invested on this asset at the present time and year 1, considering the interest rate of 8percentage compounded annually. Please explain your work in detail

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