Determine the present value


Question: Pam Gregg is expecting cash flows of 50,000, 75,000, 125,000, & 250,000 from an inheritance over the next 4 years. If she can earn 11eleven percent on any investment that she makes, determine the present value of her inheritance? [Give your answer to the nearest dollar]

[A]   $412,372

[B]   $434,599

[C]   $361,998

[D]   $309,432

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Finance Basics: Determine the present value
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