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Question 4 3 pts At a discount rate of 3.47% compounded monthly, the present value of the cash flow stream below is $10,121.2

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Answer #1

rate positively .

Lets assume year 2 cash flow = X
we have below equestion
1216/(1+3.47%)+x/(1+3.47%)^2+3110/(1+3.47%)^3+2367/(1+3.47%)^4= 10121.21
x/(1+3.47%)^2=                        4,083
Ans =                        4,083
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