Joseph has just accepted a job as a stockbroker. He estimates his gross pay each year for the next three years is $35,000 in year 1, $21,000 in year 2, and $30,000 in year 3. The present value of these cash flows, if they are discounted at 4%, is closest to Question 11 options: $79,739.42 $81,517.10 $80,294.50 $88,000