You are scheduled to receive a 1500 cash flow in one year a


You are scheduled to receive a $1,500 cash flow in one year, a $2,000 cash flow in two years, and pay a $1,800 payment in three years. If interest rates are 4 percent per year.

What is the combined present value of these cash flows? (Round intermediate calculations to 2 decimal places. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Combined present value of cash flows

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Financial Management: You are scheduled to receive a 1500 cash flow in one year a
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