What is the PV (present value) today of $1,000 per year, at a discount rate of 10%, if the first payment is received 3 years from today and the last payment is received 5 years from today?
A company has identified an investment project with the following cash flows:
Year 1 $1,500
Year 2 $1,700
Year 3 $1,800
If the discount rate, r, is 10%, what is the FV (future value) of these CFs (cash flows) in Year 4?