What is the present value of the following series of cash payments: $1,200 per year for four consecutive years starting one year from today, followed by annual cash payments that increase by 3% per year in perpetuity (i. e. cash payment in year 5 is $1,200*1.03, cash payment in year 6 is $1,200*1.032, assume the appropriate discount rate is 9%/year.

Three students were applying to the same graduate school. they came from schools with different grading systems. student gpa school average gpa school standard deviation thuy 2.9 3.2 0.8 vichet 83 75 20 kamala 8.6 8 0.4 which student had the best gpa when compared to other students at his school? explain how you determined your answer. (enter your standard deviation to two decimal places.) correct: your answer is correct. had the best gpa compared to other students at his school, since his gpa is 2.25 incorrect: your answer is incorrect. standard deviations correct: your answer is correct. his school's average gpa.