You are to receive $$4,200,$ $$6,500$ and $$7,100$ at the end of each of the next $3$ years. If the market interest rate is $10\mathrm{.}90\%,$ how much would this payment stream be worth today?

Question $8$Answer

a$.$

$$17,800$

b$.$

$$15,241$

c$.$

$$13,050$

d$.$

$$14,278$

e$.$

$$15,834$