Compute the Present Value of the Following Cash Flow Discounted

question 81

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

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