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

---

Definitions:

fMRI

Functional Magnetic Resonance Imaging, a neuroimaging procedure that measures brain activity by detecting changes associated with blood flow.

BOLD Signal

Blood Oxygen Level Dependent Signal, a measure used in functional MRI to observe brain activity through changes in blood flow.

Hemoglobin

A protein in red blood cells responsible for transporting oxygen from the lungs to the body's tissues and returning carbon dioxide from the tissues back to the lungs.

CT Scan

a medical imaging procedure that combines a series of X-ray measurements from different angles to produce cross-sectional images of specific areas of the body.