What is the total present value of investment a''s cash


Chartreuse Company has two investment opportunities. Both investments cost $5,000 and will provide the following net cash flows:
Year Investment A Investment B
Year 1 3,000 3,000
Year 2 3,000 4,000
Year 3 3,000 2,000
Year 4 3,000 1,000


The total present value of Investment A's cash inflows assuming a 10% minimum rate of return is (round to the nearest whole dollar):

 

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Accounting Basics: What is the total present value of investment a''s cash
Reference No:- TGS0102534

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