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4. Future value with multiple cash flows - Suppose you deposit $100 today in an account paying 7 percent interest. In one year, you will
4. Future value with multiple cash flows - Suppose you deposit $100 today in an account paying 7 percent interest. In one year, you will deposit another $100. How much will you have in two years? (Drawing the timeline of cash flows is helpful. And you might use PV factor, financial calculator or excel, but I recommend you use fianncial calculator or excel) Multiple Choice $211.49 $221.49 $231.49 $241.49
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