Quiz 8 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 At an 8% annual interest rate, what is the present value of the cash flows? To receive full credit you must use 2 arithmetic gradients. Construct cash flow diagrams and show all your work.