(Round to the nearest cent)

Consider the streams of income given in the following table: a. Find the present value of each income stream, using a discount rate of 1%, then repeat those calculations using a discount rate of 7%. b. Compare the calculated present values and discuss them in light of the fact that the undiscounted total income amounts to $14,000 in each case. hearest cent.) Data Table Income Stream End of Year A $5,000 $4,000 $2,000 2 $3,000 3 $3,000 $4,000 $5,000 4. $2,000 Total $14,000 $14,000 (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Print Done oliele Choolc Apouor tor vour