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Term i n years: 1 , 2 , 3 , 4 , 5 Rate: 1 . 8 % , 2 . 2 5 % ,

Term in years: 1,2,3,4,5
Rate: 1.8%,2.25%,2.30%,2.66%,3.13%
The table above shows the interest rates available from investing in risk - free U.S. Treasury securities with different investment terms. What is the present value (PV) of cash flows from an
investment that yields $14,000 at the end of each year for the next four years?
A. $42,259
B. $52,824
C. $63,389
D. $73,954
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