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What Would Be the Equal Annual Annuity for Wallflowers Florist

Question 14

Multiple Choice

What would be the equal annual annuity for Wallflowers Florist, Inc.if the cost of capital is 10% and the initial investment is $50,000 (rounded) ?
 Year  Cash Inflows 1$25,0002$30,0003$10,000\begin{array} { | c | c | } \hline \text { Year } & \text { Cash Inflows } \\\hline 1 & \$ 25,000 \\\hline 2 & \$ 30,000 \\\hline 3 & \$ 10,000 \\\hline\end{array}


A) $2,024
B) $5,033
C) $1,257
D) $8,358

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