What Is the Present Value of the Following Uneven Stream

question 34

Multiple Choice

What is the present value of the following uneven stream of cash flows? Assume a 6% discount rate and end-of-period payments. Round to the nearest whole dollar. Year Cash Flow
1 $3,000
2 $4,000
3 $5,000

• A) $10,588
• B) $11,461
• C) $12,688
• D) $13,591

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Spiritual

Pertaining to or involving deep feelings and beliefs, especially in relation to one’s sense of peace, purpose, and connection to the universe, religion, or nature.

Prosocial

relates to behavior that is intended to benefit others, including acts of kindness, sharing, and cooperative actions.

Charitable

Describes actions or organizations that are dedicated to helping those in need, often through donations or volunteer work.

Conscientious

Describes a person or behavior that is guided by or showing a desire to do what is right, typically characterized by carefulness and diligence.