Solved: What is the sum of the present value, Finance Basics

What is the sum of the present value

Problem: The company's new project will generate the following cash flows at the end of each of the stated years:

Year 2 543;
Year 4 219;
Year 7 879.

If these cash flows are discounted at 12%, what is the sum of their present value?

Show all calculations.

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Finance Basics: What is the sum of the present value

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