1. Moving Cash Flows What is the value in year 4 of a $2,400 cash flow made in year 8 when interest rates are 11.5 percent?
$1,444.17
$1,004.64
$2,124.00
$1,552.79
2. Present Value What is the present value of a $2,500 deposit in year 1 and another $3,000 deposit at the end of year 5 if interest rates are 6 percent?
$4,600.27
$3,850.00
$4,109.92
$4,691.67