You are given an investment to analyze. The cash flows from this investment are End of year
You are given an investment to analyze. The cash flows from this investment are
End of year
1. $27,490
2. $1,440
3. $26,670
4. $9,660
5. $3,210
What is the present value of this investment if 15 percent per year is the appropriate discount rate? Round the answer by two decimal points