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What is the present value of the following payment stream, discounted at 7 percent annually: $1,000 at the end of year 1, $2,000 at the
What is the present value of the following payment stream, discounted at 7 percent annually: $1,000 at the end of year 1, $2,000 at the end of year 2, and $3,000 at the end of year 3?
$5,130.35 | ||
$5,022.11 | ||
$5,371.12 | ||
$5,520.00 |
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