Problem 6 (5) Consider the following cash flow: Year Cash Flow 1 2 2 $1000 $850 $700 3 4 $550 5 $400 $400 6 7 $400 8 $400 Which of the equations below is correct to compute the present value of the cash flows at 8% interest? A. P = 1000(P/A, 1,8) - 150(P/G,1, 8) + 150(P/G, 1, 4)(P/F,i,4) B. P = 400(P/A, 1,8) + 600(P/A,1,5) - 150(P/G,1,4) C. P = 150(P/G,i,4) + 850(P/A, i, 4) + 400(P/A, i, 4)(P/F, 1,4)