The appropriate discount rate for the following cash flows is $13$ percent compounded quarterly.

Year Cash Flow

$1$ $ $700$

$2700$

$30$

$41,300$

What is the present value of the cash flows?

Multiple Choice

$$1,975\mathrm{.}95$

$$1,964\mathrm{.}99$

$$312\mathrm{.}37$

$$1,937\mathrm{.}21$

$$1,898\mathrm{.}46$