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What is the present value of these cash flows

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Reference no: EM132994902

Question - You are considering a project with the following cash flows:

Year 1

Year 2

Year 3

$1,200

$1,800

$2,900

Required - What is the present value of these cash flows, given a 8 percent discount rate?

A. $4,713.62

B. $4,855.27

C. $4,956.43

D. $5,292.25

E. $6,853.61

Reference no: EM132994902

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