What is the present value of the following cash flows, if the Interest rate is 8%?

Posted by: Pdfprep Category: GLO_CWM_LVL_1 Tags: GLO_CWM_LVL_1 exam questions, GLO_CWM_LVL_1 practice exam, Chartered Wealth Manager Post Date: February 16, 2021

What is the present value of the following cash flows, if the Interest rate is 8%?
A . 3668
B . 2962
C . 3961
D . 3962

Answer: D