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$1,200 is received at the beginning of year 1, $2,200 is received at the beginning of year 2, and 49) $3,300 is received at the
$1,200 is received at the beginning of year 1, $2,200 is received at the beginning of year 2, and 49) $3,300 is received at the beginning of year 3. If these cash flows are deposited at 12 percent, their combined future value at the end of year 3 is ________.
A) $ 6,700 B) $ 8,142
C) $12,510 D) $17,072
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