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What Is the Net Present Value of the Following Cash

question 55

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What is the net present value of the following cash flows if the relevant discount rate is 7 percent?  Year  Cash Flow 0$11,5201812650388042,300515,800\begin{array} { | r | r | } \hline \text { Year } & \text { Cash Flow } \\\hline 0 & - \$ 11,520 \\\hline 1 & 81 \\\hline 2 & 650 \\\hline 3 & 880 \\\hline 4 & 2,300 \\\hline 5 & 15,800 \\\hline\end{array}


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