The Table Below Shows the Payments at the End of Each

question 12

Multiple Choice

The table below shows the payments at the end of each year from three different physical assets.
TABLE 15-1
-Refer to Table 15-1.A,B,and C represent possible purchases of physical capital,each offering a stream of payments as indicated in the table.There are no payments beyond Year 3.The interest rates in each year are also specified in the table.What is the present value (at the beginning of Year 1) of asset B?

• A)$3000
• B)$3150
• C)$2634.70
• D)$2590.67
• E)$2722.97

---

Definitions:

Lower Fearlessness

A decreased tendency or capacity to experience fear, which might influence an individual's approach to risky or threatening situations.

Anxiety

A sense of apprehension and restlessness due to the unpredictability of a situation.

Antisocial Personality Disorder

A mental condition characterized by a long-term pattern of manipulating, exploiting, or violating the rights of others.

Psychopath

A term often used to describe an individual with a personality disorder characterized by persistent antisocial behavior, impaired empathy and remorse, and bold, disinhibited, and egotistical traits.