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Investment X offers to pay you $4,700 per year for 9 years, whereas Investment Y offlers to pay you $6,400 per year for 5 years.
Investment X offers to pay you $4,700 per year for 9 years, whereas Investment Y offlers to pay you $6,400 per year for 5 years. Ir the discount rate is 8 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answers to 2 decimal places, o.g, 32.16) Investment Y discount rato 20 percent, what is the present value of these cash nows? (Do not round intermediate calculations and round your answers to 2 decimal places,L-32.16. Present Value
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