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Show me the steps to solve The following series of cash flows occurs at the...

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Accounting

Show me the steps to solve The following series of cash flows occurs at the end of each year is discounted at 8%. Which of the following is the present value of the cash flows? (Round answer to nearest dollar.)
Year Cash flow
1 $22,100
213,400
355,050
Period 123
8%0.925930.857340.79383
a. $75,651
b. $54,388
c. $63,934
d. $83,216

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