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Given the following data: Year 1 2 Cash Flows (end of yean 1000 3000 5000 7000 10000 3 4 5 Interest rate: 4% Approximate the

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Given the following data: Year 1 2 Cash Flows (end of yean 1000 3000 5000 7000 10000 3 4 5 Interest rate: 4% Approximate the present value using the first-order modified approximation at an interest rate of 7%. Select one: O A 19894 OB 19789 OC 19935 OD. 20186 O E. 20302

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