What is the net present value of this investment

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Question - Baron deposits $5,900 at the beginning of 2010, then he makes a series of payments in the following years, as shown below.

Dates Payments

1/1/2010 $5,900

3/2/2010 $1,000

8/7/2010 $900

4/12/2011 $1,800

2/20/2012 $2,000

12/30/2012 $1,000

What is the net present value of this investment with a discount rate of 6%?

Reference no: EM133002513

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