A delivery company is evaluating an investment to purchase vehicles. This is expected to generate a return of $9988.00 one year from now, $16,230.00 two years from now, and $21,107.00 three years from now. The required rate of return is 10%. Calculate the discounted cash flow. We already know that: • The Present Value of the Cash Flow 2 is $13,413.22 and, • The Present Value of the Cash Flow 3 is $15,858.00 Find the Present Value of the Cash Flow 1 and, using this and the previous information, calculate the discounted cash flow. Note: Write you answer rounded to two decimal places. Type just the number, do not type the $ sign. For example, if your answer is $25,500.55 type only: 25500.55

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Help finish the next exercise:
A delivery company is evaluating an investment to purchase vehicles. This is
expected to generate a return of $9988.00 one year from now, $16,230.00 two
years from now, and $21,107.00 three years from now. The required rate of return
is 10%. Calculate the discounted cash flow.
We already know that:
• The Present Value of the Cash Flow 2 is $13,413.22 and,
• The Present Value of the Cash Flow 3 is $15,858.00
Find the Present Value of the Cash Flow 1 and, using this and the previous
information, calculate the discounted cash flow.
Note: Write you answer rounded to two decimal places. Type just the number, do
not type the $ sign. For example, if your answer is $25,500.55 type only:
25500.55
Transcribed Image Text:Help finish the next exercise: A delivery company is evaluating an investment to purchase vehicles. This is expected to generate a return of $9988.00 one year from now, $16,230.00 two years from now, and $21,107.00 three years from now. The required rate of return is 10%. Calculate the discounted cash flow. We already know that: • The Present Value of the Cash Flow 2 is $13,413.22 and, • The Present Value of the Cash Flow 3 is $15,858.00 Find the Present Value of the Cash Flow 1 and, using this and the previous information, calculate the discounted cash flow. Note: Write you answer rounded to two decimal places. Type just the number, do not type the $ sign. For example, if your answer is $25,500.55 type only: 25500.55
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