Evaluate the Sum $$\sum _ { \mathrm { k } = 1 } ^ { 4 } ( - 1 ) ^ { \mathrm { k } } ( \mathrm { k } + 2 )$$

question 107

Multiple Choice

Evaluate the sum. Round to two decimal places, if necessary.
- $$\sum _ { \mathrm { k } = 1 } ^ { 4 } ( - 1 ) ^ { \mathrm { k } } ( \mathrm { k } + 2 )$$

• A) 2
• B) \(- 18\)
• C) 10
• D) 18

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Definitions:

MACRS Depreciation

A method of depreciation in the U.S. that allows for a faster write-off of assets under the tax code.

Incremental Annual Cash Flow

The additional cash flow generated by a company from taking on a new project, calculated as the difference between the project's cash inflows and outflows.

Tax Rate

The rate at which taxes are levied on the income of a person or business.

Net Advantage to Leasing

A calculation that compares the cost-effectiveness of leasing an asset versus purchasing it, considering all financial aspects including taxes and cash flow.