At an 8% annual interest rate, what is the present value ofthe cash flows? To receive full credit you must use 2 arithmetic gradients.
Year Revenue
1 $300,000
2 $600,000
3 $900,000
4 $1,200,000
5 $1,500,000
6 $1,800,000
7 $1,500,000
8 $1,200,000
9 $900,000
10 $600,000
11 $300,000