An investment will pay you $1,000 at the end of year 1, $2,000 at the end of year 3, and $3,000 at the end of year 5. If the interest rate is 2%, what is the present value of these cash flows. If the interest rate is 4%, what is the present value of these cash flow?, Explain why the PV changes, and what are the limitations of the present value based decision.

Amanager recorded the number of bicycles sold by his company each quarter. his projected sales after t years is given by the expression below. which of the following statements best describes the expression? a. the initial sales of 575 bicycles increases at the rate of 4% over 4 quarters. b. the initial sales of 575 bicycles increases at the rate of 18% over 4 years. c. the initial sales of 575 bicycles increases at the rate of 4% over t quarters. d. the initial sales of 575 bicycles increases at the rate of 18% over t years.