Assume the appropriate discount rate for the following cash flows is 9 percent. Year Cash Flow 1 $ 1,500 2 1,400 3 1,100 4 900 What is the present value of the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) Present value $

Which of the following would create the most money? the initial deposit is $6,500 and the required reserve ratio is 20 percent. the initial deposit is $3,000 and the required reserve ratio is 10 percent. the initial deposit is $7,500 and the required reserve ratio is 25 percent. the initial deposit is $4,500 and the required reserve ratio is 15 percent.