If the Discount Rate Is 12%, What Is the Present

question 233

Multiple Choice

If the discount rate is 12%, what is the present value of the following cash flows: $\begin{array}{ll}\text { Year } & \text { CashFlow } \\\hline 1 & \$ 10,000 \\2 & \$ 11,000 \\3 & \$ 12,000 \\4 & \$ 13,000 \\5 & \$ 14,000 \\6-15 & \$ 15,000 \text { each year }\end{array}$

• A) $144,618
• B) $127,923
• C) $127,197
• D) $90, 537

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Definitions:

Growth In Infancy

The rapid physical and psychological development occurring in human beings between birth and the end of the second year of life.

Prenatal Development

The progression of maturation and formation inside the uterus from fertilization to delivery.

Canalization

A genetic term referring to the ability of an organism to produce the same phenotype regardless of variability in its environment or genotype.

Environmentally Induced

Conditions or changes in an organism that are caused by external environmental factors rather than genetic influences.