QUESTION 24 Time net cash flows discount rate 0 8% 1 2 $500 $1,000 $1,500 $5,500 3 4 5 $0 6 $0 7 $0 8 $0 $0 9 10 $0 What is the present value of this stream of cash flows? Your answer should be carried out two decimal places. Do not use the dollar sign in your answer. The form should be 3,453.52