Answer:
$4,446.90
$3,974.81
$3,506.63
Explanation:
Present value is the value of the sum of discounted cash flows.
Present value can be calculated using a financial calculator:
Cash flow in year 1 = $ 1,230
Cash flow in year 2 = $1,150
Cash flow in year 3 = $1,560
Cash flow in year 3 = $1920
A. Discount rate = 11%
Present value = $4,446.90
B. Discount rate = 16%
Present value = $3,974.81
C. Discount rate = 22%
Present value = $3,506.63
I hope my answer helps you