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If the Discount Rate Is 12%, What Is the Present

Question 63

Multiple Choice

If the discount rate is 12%, what is the present value of the following cash flows:
 Year  Cash Flow 1$10,0002$11,0003$12,0004$13,0005$14,000615$15,000 each year \begin{array} { l c } \text { Year } & \text { Cash Flow } \\1 & \$ 10,000 \\2 & \$ 11,000 \\3 & \$ 12,000 \\4 & \$ 13,000 \\5 & \$ 14,000 \\6 - 15 & \$ 15,000 \text { each year }\end{array}


A) $144,618
B) $127,923
C) $127,197
D) $ 90, 537

Correct Answer:

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