Question
5. Vital Silence, Inc., has a project with the following cash flows: Year Cash Flow 1 11,400 2 14,400 3 10,400 The interest rate is
5. Vital Silence, Inc., has a project with the following cash flows:
| Year | Cash Flow | ||
|
|
|
|
|
| 1 |
| 11,400 |
|
| 2 |
| 14,400 |
|
| 3 |
| 10,400 |
|
The interest rate is 6 percent. What is the present value of the cash flows?
a. $30,834.81 b. $32,302.71
c. $34,201.04 d. $38,355.79
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
133060411, 132805669, 9780133060416, 978-0132805667
