6. Consider the following schedule of cash flows. If interest is 4% per year, compounded continuously, the equivalent value at year 5 is closest to ... (5) n 1 2 3 4 5 a) $1,417 b) $1,419 c) $1,422 d) $1,424 e) $1,427 f) $1,300 Cash Flows $300 $280 $260 $240 $220 K

6. Consider the following schedule of cash flows. If interest is 4% per year, compounded continuously, the equivalent value at year 5 is closest to ... (5) a) $1,417 b) $1,419 c) $1,422 d) $1,424 c) $1,427 f) $1,300