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The present value of the following cash flow stream is $8,200 when discounted at 8.6 percent annually. What is the value of the missing cash
The present value of the following cash flow stream is $8,200 when discounted at 8.6 percent annually. What is the value of the missing cash flow? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Year | Cash Flow |
1 | $1,800 |
2 | |
3 | 2,400 |
4 | 3,000 |
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