need to solve for 2,3,4,5

2. What concept must be considered when looking at cash flows over several years for a long-term investment? Explain 3. What is meant by the term present value? 4. What is the formula used to calculate the present value of a future cash flow? Describe each component. 5. Describe the three steps required to evaluate investments using the net present value method. 6 How to most furms establish the rernirard rate nf return vised to calculate the net nocent valuin