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Please do this question on paper if possible! Assume that you will receive $2000/year in Years 1 through 5, $3000/year in Years 6 through 8, and $4000 in year 9, with all cash flows to be received at the
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Please do this question on paper if possible!

Assume that you will receive $2000/year in Years 1 through 5, $3000/year in Years 6 through 8, and $4000 in year 9, with all cash flows to be received at the end of the year. If you require a 14 percent rate of return, then what is the present value of these cash flows?

a. $9851
b. $13250
c. $11714​

User Tegan Snyder
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1 Answer

3 votes

Answer:

C.$11,714

Step-by-step explanation:

hope this helped :)

User Moha Dehghan
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