Answer:40,000
Step-by-step explanation: if the last 4 digits are 5,000 or grater round up to the next number if it’s less keep the number the same
The answer should be 9, hope that helped ‘
The cash flow in year 1 is $15.
<h3>What is the cash flow in year 1?
</h3>
A growing perpetuity increases continuously and indefinitely.
Cash flow = present value x (rate of return - growth rate)
214 x (10% - 3%)
214 x 0.07 = $15
To learn more about present value, please check: brainly.com/question/17322936
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