Assume That You Will Receive $2,000 a Year in Years

question 47

Multiple Choice

Assume that you will receive $2,000 a year in Years 1 through 5,$3,000 a year in Years 6 through 8,and $4,000 in Year 9,with all cash flows to be received at the end of the year.If you require a 14 percent rate of return,what is the present value of these cash flows? (Round to the nearest whole dollar)

• A) $9,851
• B) $13,250
• C) $11,714
• D) $15,129
• E) $17,353

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Definitions:

Distal Stimulus

Objects or events in the external world that provide the physical energy that is then converted by the sensory organs into neural energy, leading to perception.

Occipital Stimulus

A stimulus that targets the occipital lobe of the brain, primarily involved in visual processing.

Proximal Stimulus

The physical energy from a stimulus that directly interacts with sensory receptors.

Agnosias

A class of neurological disorders marked by the inability to recognize objects, people, sounds, shapes, or smells while other sensory functions remain intact.