Multiple Choice
What is the present value of the following payment stream,discounted at 8% annually: $1,000 at the end of year 1,$2,000 at the end of year 2,and $3,000 at the end of year 3?
A) $5,022.11
B) $5,144.03
C) $5,423.87
D) $5,520.00
Correct Answer:
Verified
Correct Answer:
Verified
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