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7. What is the future value of cash ows 1-5 AT THE END YEAR 5, assuming a 6% interest rate (compounded annually)? End of year

7. What is the future value of cash ows 1-5 AT THE END YEAR 5, assuming a 6% interest rate (compounded annually)? End of year Cash ow 1 $2,500 2 3,000 3 1,250 4 3,500 5 1,250 6 4,530 7 2,350 a. $13,879.36 b. $13,093.74 c. $9,7844.40 (1. $11,548.48

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