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e CauISco nos idesh Red ao iduest test 1090 3 1220 31130 fote ie the discouut rake is iogecest
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Answer #1

Ans $ 3437.09

Year Project Cash Flows (i) DF@ 10% DF@ 10% (ii) PV of Project ( (i) * (ii) )
1 850 1/((1+10%)^1) 0.909                           772.73
2 1090 1/((1+10%)^2) 0.826                           900.83
3 1320 1/((1+10%)^3) 0.751                           991.74
4 1130 1/((1+10%)^4) 0.683                           771.81
PV                       3,437.09
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