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Compute the Present Value of the Following Cash Flow Discounted

Question 124

Multiple Choice

Compute the present value of the following cash flow discounted at 6%  End of Year  Cash flow 1$4502$4003$300\begin{array} { | l | l | } \hline \text { End of Year } & \text { Cash flow } \\\hline 1 & \$ 450 \\\hline 2 & \$ 400 \\\hline 3 & \$ 300 \\\hline\end{array}


A) $1,032.41
B) $973.97
C) $974.58
D) $1,024.65

Correct Answer:

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