Solution-What is the present value of the following cash

What is the present value of the following cash flow stream at a rate of 8%?

Year 0-$750
Year 1-$2,450
Year 2-$3,175
Year 5-$4,400

a. $7,917
b. $8,333
c. $8,772
d. $9,233
e. $9,695

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