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#twentysix The value today of the following cash flows is $5,965.11 at an interest rate of 4.7 percent. What is the value of the Year

#twentysix

The value today of the following cash flows is $5,965.11 at an interest rate of 4.7 percent. What is the value of the Year 3 cash flow?

Year	Cash Flow
1		$	1,500
2			1,625
3			?
4			2,230

$610.11

$1,194.32

$1,370.76

$3,586.34

$1,282.54

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