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Suppose that you can invest 28,028 in a business that guarantees you cash flows at the end of years: 6,737 at 4, 9,420 at 6,
Suppose that you can invest 28,028 in a business that guarantees you cash flows at the end of years: 6,737 at 4, 9,420 at 6, and 10,708 at 10. Assume an interest rate of 3% compounded annually, and find the net present value of the cash flows.Enter your answer as a decimal with two digits after the dot, for example, 3568.47
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