Use the present value tables in Appendix A to compute the NPV of $8,400 received in year 0, $4,950 received in year 1, and $3,000 received in year 2 at a 7% discount rate.
A) $14,018.00
B) $14,623.35
C) $15,647.25
D) None of these choices are correct.
Correct Answer:
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