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Assume that you will receive $2,500 per year in Years 1 through 20, $1,000 per year in Years 21 through 30. If you require a

Assume that you will receive $2,500 per year in Years 1 through 20, $1,000 per year in Years 21 through 30. If you require a 15 percent rate of return, what is the present value of these cash flows?

$15,143.9

$13,541.2

$14,350.4

$15,955.0

$16,874.9

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