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The question is below. Please give a detailed explanation of how to get the answers so that I may learn how to complete this problem.
The question is below. Please give a detailed explanation of how to get the answers so that I may learn how to complete this problem. Please note that the columns are not lining up exactly correct. At 0, the streams are 0, at 1, the streams are 150 and 300 and so on. Thank you.
Find the present values of the following cash flow streams at a 4% discount rate. Round your answers to the nearest cent.
Stream A $
Stream B $
0 | 1 | 2 | 3 | 4 | 5 |
Stream A | $0 | $150 | $400 | $400 | $400 | $300 |
Stream B | $0 | $300 | $400 | $400 | $400 | $150 |
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