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S06-01 Present Value and Multiple Cash Flows (LO1] McCann Co. has identified an investment project with the following cash flows. Year 1 2 3 4

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S06-01 Present Value and Multiple Cash Flows (LO1] McCann Co. has identified an investment project with the following cash flows. Year 1 2 3 4 Cash Flow $ 530 690 875 1,090 a. If the discount rate is 10 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.) a. Present value at 10 percent b. Present value at 18 percent Present value at 24 percent C. What is the future value of $900 in 23 years assuming an interest rate of 7 percent compounded semiannually

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