Use the Following Data to Solve the Following Questions:
-Frontier $\begin{array}{llcc}\text {Year 1}&\text {Year 2}&\text {Year 3}\\\hline \$ 4,000& \$ 6,000&\$ 7,000 \end{array}$

question 2

Multiple Choice

Use the following data to solve the following questions:
-Frontier Landscaping owns some equipment that is used in their operations. Management estimates that the equipment will last another three years and will generate the following future cash flows at the end of each year. $\begin{array}{llcc}\text {Year 1}&\text {Year 2}&\text {Year 3}\\\hline \$ 4,000& \$ 6,000&\$ 7,000 \end{array}$
Calculate the present value of each of these future cash flows given a 4% discount rate.

• A) $15,617
• B) $9,394
• C) $18,135
• D) $35,165

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Definitions:

Asian Americans

Individuals of Asian descent residing in the United States, encompassing a wide range of cultures, languages, and backgrounds.

Hispanic Americans

Individuals in the United States with ancestry from Spanish-speaking countries, particularly those from Latin America and Spain.

Sensory Perceptions

The process by which sensory organs and the nervous system receive and interpret stimuli from the environment.

Hearing Voices

An experience where an individual hears voices when no external sound is present, often associated with conditions like schizophrenia or bipolar disorder.