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What is the present value of $600 to be paid in three years using the following discount rates: 8 percent in Year 1, 7 percent

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What is the present value of $600 to be paid in three years using the following discount rates: 8 percent in Year 1, 7 percent in Year 2, and 6 percent in Year 3? (Round your answer to two decimal places.) w Question 4 10 pts You are scheduled to receive a $1,000 cash flow in one year, a $1,500 cash flow in two years, and pay a $700 payment in three years. If interest rates are 8 percent per year, what is the combined present value of these cash flows? (Round your answer to two decimal places.)

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