Mathematics · Interest & Time Value of Money
Which of the following cash flows has the highest present value, assuming a constant annual interest rate of 8%?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$1,800 in exactly four years from now✓
- 2$1,600 in exactly three years from now
- 3$1,400 in exactly two years from now
- 4$1,200 in exactly one year from now
Correct answer
$1,800 in exactly four years from now
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