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I believe that the answer to my question above is as follows:

1600 X 2.245890 = 3,593.42
4,000.00
(406.58)
Just need a little...

I believe that the answer to my question above would be as follows:

Present value = Future value x table factor = Present value

$100,000 X 0.793832 = 79,383.20

You have the opportunity to invest in a machine that will increase cash flows by $1,600 per year. The initial investment is $5,000. The machine is expected to have a useful life of three years and...

You are scheduled to receive $100,000 in three years. 8% is a fair rate. What is the present value of the future cash flow? I have to show calculation.