You Are Expecting to Receive the Following Cash Flows: $1,000

Short Answer

You are expecting to receive the following cash flows: $1,000 one year from now, $1,500 two years from now, $2,500 three years from now, $4,000 four years from now and $5,000 five years from now. If your discount rate is 4.5%, what is the present value of these cash flows?