Question: please show work Question 1 7.25 pts Huggins, Inc. will generate $71,000 in annual revenue each year for the next seven years from a new

please show work

Question 1 7.25 pts Huggins, Inc. will generate $71,000 in annual revenue each year for the next seven years from a new line of bicycles. If the appropriate interest rate is 8.75 percent compounded annually, what is the present value as of today of this stream of revenue? O $399,244.05 O $376,836.95 O $304,566.85 $360,357.02 O $335,539.75 Next

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