t=1: 364,000(Operating cost, nominal)
t=2: 378,560(Operating cost, nominal)
t=3: 393,702(Operating cost, nominal)
t=4: 409,451(Operating cost, nominal)
Calculate the present value of this estimate of cash flows(operating costs in nominal$) if the nominal MARR is 10%. PV=
Please show your work. I calculated Real MARR as 5.77% but have no idea what to do next.
And how would I calculate the present value of cash flows for operating costs if they are stated in inflation-adjusted dollars?