You are considering the purchase of an investment that would pay you
$5,000 per year for years 1-5, $3,000 per year for years 6-8, and
$2,000 per year for years 9 and 10. If you require a 14 percent rate
of return, and the cash flows occur at the end of each year, then how
much should you be willing to pay for this investment?





0 	0% 	A . 	$15,819.27
0 	0% 	B . 	$21,937.26
0 	0% 	C . 	$32,415.85
0 	0% 	D . 	$38,000.00
0 	0% 	E . 	$52,815.71

B. 21,937


1	2	3	4	5	6	7	8	9	10
5000	5000	5000	5000	5000	3000	3000	3000	2000	2000
4385	3847	3374	2960	2596	1366	1198	1051	615	539

First row = year
Second row = cash flow
Thrid row = discounted cash flow

Thanks, baby!
Any of the others?

PS. perhaps we could get together and study sometime