Present value at different interest rates

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Wainright Co. has identified an investment project with the following cash flows.

Year Cash Flow
1 $ 840
2 1,170
3 1,430
4 1,575

If the discount rate is 9 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Present value $

What is the present value at 16 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Present value $

What is the present value at 25 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Present value $

Reference no: EM1327287

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