What Is the Present Value of the Following Payment Stream

question 105

Multiple Choice

What is the present value of the following payment stream, discounted at 8 percent 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 PV =