Tiger Trucking Company is considering a project that will produce cash inflows of $18,000 at the end of Year 1, $32,000 in Year 2, and $45,000 in Year 3.What is the present value of these cash inflows at a discount rate of 9 percent?
A) $65,615.21
B) $70,181.89
C) $78.195.78
D) $78,485.76
E) $87,112.15
Correct Answer:
Verified
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