Compute the Present Value of the Following Cash Flow Discounted

Multiple Choice

Compute the present value of the following cash flow discounted at 6% $$\begin{array} { | l | l | } \hline \text { End of Year } & \text { Cash flow } \\\hline 1 & \$ 450 \\\hline 2 & \$ 400 \\\hline 3 & \$ 300 \\\hline\end{array}$$

A) $1,032.41
B) $973.97
C) $974.58
D) $1,024.65