Year

Cash Flow
1
2
3
4

Present value of cash flows

Discount rate 10%

Present value factor Present value
820
0.9091
$745.45
1,130
0.8264
$933.88
1,390
0.7513
$1,044.33
1,525
0.6830
$1,041.60
$3,765.26

Discount rate 16%

Discount rate 25%
Present value factor Present value Present value factor Present value
0.8621
$706.90
0.8000
$656.00
0.7432
$839.77
0.6400
$723.20
0.6407
$890.51
0.5120
$711.68
0.5523
$842.24
0.4096
$624.64
$3,279.43
$2,715.52