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Mendez Company has identified an investment project with the following cash flows. Year Cash Flow 1 $ 7 6 0 2 1 , 0 1

Mendez Company has identified an investment project with the following cash flows.
Year Cash Flow
1 $ 760
21,010
31,270
41,375
a.
If the discount rate is 11 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
b. What is the present value at 18 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
c. What is the present value at 24 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)

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