A cash flow sequence starts in year 1 at 3,000 and decreases by $200 each year through year 10. Determine the amount of cash flow in year 0 at an…

A cash flow sequence starts in year 1 at 3,000 and decreases by $200 each year through year 10. Determine the amount of cash flow in year 0 at an interest rate of 12%.a)12,000 b)40,525 c)21,001 d)12,900

Interest Rate =Year12345678910Year 0 = 12% Cashflow$3,000$2,800$2,600$2,400$2,200$2,000$1,800$1,600$1,400$1,200$12,900

 
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