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Assume that an investment provides the following cash inflows over a three-year period: Year 1 Year 2 Year 3 Total $ 3,000 5,000 7,000 $

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Assume that an investment provides the following cash inflows over a three-year period: Year 1 Year 2 Year 3 Total $ 3,000 5,000 7,000 $ 15,000 Click here to view Exhibit 12B-1 and Exhibit 12B-2 to determine the appropriate discount factor(s) using the tables provided. Assuming a discount rate of 17%, what is the present value of these cash inflows? Multiple Choice $10,588 $9,788 $8,888 $10.188

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