What Is the Present Value of the Following Payment Stream,discounted

question 3

Multiple Choice

What is the present value of the following payment stream,discounted at 8% 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) $5,022.10
• B) $5,144.03
• C) $5,423.87
• D) $5,520.00

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Definitions:

Job Advancement

The process or opportunity for a worker to move to a higher position or rank within their employment context.

Strong Ties

Deep, close connections between individuals, characterized by high levels of trust, frequent interaction, and emotional support.

Stressful Life Events

Events or situations that cause significant stress, potentially affecting an individual's mental and physical health.

Physical Health

A state of well-being in which an individual is free from illness, injury, or pain, and can perform daily activities effectively.