Problem $5-1$ Present Value and Multiple Cash Flows $[$lO $1]$

Mendez Company has identified an investment project with the following cash flows.

a$.$ If the discount rate is $12$ percent, what is the present value of these cash flows?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

b$.$ What is the present value at $15$ percent?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

c$.$ What is the present value at $21$ percent?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$