You Are Considering a Project with the Following Cash Flows $$\frac { \text { Year } 1 } { \$ 1,200 } \quad \frac { \text { Year } 2 } { \$ 1,800 } \quad \frac { \text { Year } 3 } { \$ 2,900 }$$

Multiple Choice

You are considering a project with the following cash flows: $$\frac { \text { Year } 1 } { \$ 1,200 } \quad \frac { \text { Year } 2 } { \$ 1,800 } \quad \frac { \text { Year } 3 } { \$ 2,900 }$$ What is the present value of these cash flows, given a 9% discount rate?

A) $4,713.62
B) $4,855.27
C) $5,103.18
D) $5,292.25
E) $6,853.61