What is the present value of the following set of cash flows if the discount rate is 13.8%? (the cash flows occur at the end of each period) (round answer to nearest penny and enter in the following format 12345.67) Year 0 cash flow = -3200 (a negative cash flow)
Year 1 cash flow = 900
Year 2 cash flow = 1000
Year 3 cash flow = 1500
Year 4 cash flow = 1900

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b

step-by-step explanation:

a difference is the result of subtraction. while each of these expressions has subtraction in it, a difference will be the result when subtraction is the last operation applied in the order of operations for the expression. this means subtraction must be outside of the parenthesis. only b has this.

x equals 1

step-by-step explanation:

f(4)=f(×)

x=1