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14. A small catering business is expected to generate a series of cash flows consisting of $100,000 at the end of each of years
14. A small catering business is expected to generate a series of cash flows consisting of $100,000 at the end of each of years 4 through 22. Using a discount rate of 10%/year in your calculation, calculate the present value of this business's future cash flows. a. $820,141 b. $628,469 $571,335 d. $836,492 e. $616,194 4 100,000 + 34 D
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