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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