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| Teaching Since: | Apr 2017 |
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| Questions Answered: | 12843 |
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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
A publisher is deciding whether or not to invest in a new printer. The printer would cost $900, and would increase the cash flows in year 1 by $500 and in year 3 by $800. (Assume that there would be zero increase in cash flows in year 2.)Â
If the interest rate is 12%, what is the present value of the cash flows from the investment?
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