Question: . Keeping in mind that present value = M/(1+r) t, and using the above table, what is the net present value of an annual income

. Keeping in mind that present value = M/(1+r) t, and using the above table, what is the net present value of an annual income flow of $1,600 at 14 % over the next 3 years?

a) $3,713.60

b) $ 0.68

c) $1,080.00

d) $ 476.19

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