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You are considering a project with the following cash flows at the end of each year: Year 1: $1,200; Year 2 : $2,800; Year 3

You are considering a project with the following cash flows at the end of each year: Year 1: $1,200; Year 2 : $2,800; Year 3 : $2,900. What is the present value of these cash flows, given a 9% discount rate?

		$5,713.62
		$4,955.27
		$5,503.18
		$5,212.25
		$5696.95

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