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The Timex Computer company has developed a new laptop computing device geared towards data intense scientific research. Management is forecasting cash flows of $450,000 for

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The Timex Computer company has developed a new laptop computing device geared towards data intense scientific research. Management is forecasting cash flows of $450,000 for the first 4 years ramping up to $700,000 for the following 3 years. Assuming interest rates are 6%, what is the present value of this cash flow stream. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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