Find the present value of the following cash flow and also state whether the investment is worthwhile if the amount of cash outflow presently is 60,000.
|
Year |
Cash Flow |
Discounted Factor |
|
1 |
20,000 |
0.9091 |
|
2 |
16,000 |
0.8264 |
|
3 |
20,000 |
0.7513 |
|
4 |
30,000 |
0.6830 |
|
5 |
10,000 |
0.6209 |
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