If the Discount Rate Is 12%, What Is the Present

question 27

Multiple Choice

If the discount rate is 12%, what is the present value of the following cash flows? $$\begin{array} { l l } \text { Year } & \text { Cash Flow } \\1 & \$ 10,000 \\2 & \$ 11,000 \\3 & \$ 12,000 \\4 & \$ 13,000 \\5 & \$ 14,000 \\6 - 15 & \$ 15,000 \text { each year }\end{array}$$

• A) $144,618
• B) $127,923
• C) $127,197
• D) $90,537

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