Business, 14.04.2020 22:11, alexisdiaz365

Joseph has just accepted a job as a stockbroker. He estimates his gross pay each year for the next three years is $35,000 in year 1, $21,000 in year 2, and $32,000 in year 3. The present value of these cash flows, if they are discounted at 4%, is closest to .

A. $79,452.30
B. $80,294.50
C. $81,517.10
D. $88,000

Answers: 3

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Joseph has just accepted a job as a stockbroker. He estimates his gross pay each year for the next t...