At a Rate of 6

question 73

Multiple Choice

At a rate of 6.25%,what is the present value of the following cash flow stream: $0 at Time 0; $75 at the end of Year 1; $225 at the end of Year 2; $0 at the end of Year 3; and $300 at the end of Year 4?

• A)$433.23
• B)$456.03
• C)$480.03
• D)$505.30

---

Definitions:

Copy Machine Drums

The component in a photocopier or laser printer that transfers the toner to the paper to produce the printed image.

Lightning Protectors

Devices designed to protect electrical equipment and systems from damage caused by lightning strikes, diverting the surge to the ground.

High Resistance

An electrical characteristic where a material or device opposes the flow of electric current, resulting in less current flow for a given voltage.

Selenium

An element that exhibits photosensitive properties. Its resistance changes inversely with illumination.