What is the value on 1113 of the following cash flowsdate, Ask an Expert

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What is the value on 1/1/13 of the following cash flows?

Date Cash Received Amount of Cash

1/1/14 $14,000

1/1/15 $20,000

1/1/16 $30,000

1/1/17 $43,000

1/1/18 $57,000

Use a 7% discount rate, and round your answer to the nearest $10.

a. $112,350

b. $128,490

c. $107,330

d. $153,270

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91547893

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