Answer:
The present value at the discount rate of 10% is $3,443.99 ,$2,955.44 at 17% and $ 2,428.00 at 27%
Explanation:
The present were arrived at by discounting each year's cash flow to present value by applying discounting factor given as 1/(1+r)^n where r is the discounting rate and n is the number of applicable time horizon.
Kindly find attached spreadsheet showing full computations of the present values
