1

1. Find thefuture valueof $600 each 3 months for 4 years at a nominal rate of 10%, compounded quarterly.

   		$7,833.00
   		$5,374.07
   		$5,729.47
   		$11,628.13
   		$2,975.49

2 points

Question 2

1. What is the value of this cash flow stream at a 5% interest rate?

   Year	Cash Stream A
   1	$100
   2	400
   3	400
   4	400
   5	250

   		$1,251.25
   		$1,600.00
   		$1,300.32
   		$1,328.55
   		$1,300.32