What Is the Present Value of the Following Set of Cash

question 99

Multiple Choice

What is the present value of the following set of cash flows at an interest rate of 7%: $1,000 today,$2,000 at end of year 1,$4,000 at end of year 3,and $6,000 at end of year 5?

• A) $9,731
• B) $10,412
• C) $10,524
• D) $11,524

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Definitions:

Parental-Leave

An employment policy that provides employees with time off work to care for a newborn or newly adopted child.

Feminine

Attributes or qualities traditionally associated with women or the female gender.

Masculine

Qualities, attributes, or roles traditionally associated with men and male behavior.

Gender Accountability

involves acknowledging and addressing the ways in which gender norms and stereotypes impact behaviors and decisions within societies and institutions.