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P6-43 Present and Future Values [LO1] The present value of the following cash flow stream is $6,850 when discounted at 8 percent annually. Year Cash
P6-43 Present and Future Values [LO1]
The present value of the following cash flow stream is $6,850 when discounted at 8 percent annually. |
Year | Cash Flow |
1 | $1,450 |
2 | ? |
3 | 1,750 |
4 | 2,350 |
Required:
What is the value of the missing cash flow? |
rev: 09_17_2012, 03_15_2016_QC_CS-45092
$1,300.00
$2,390.88
$2,844.50
$2,732.95
$2,788.72
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