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An investment offers the following cash flows: $280 today, $268 one year from now, $251 in 2 years, and $307 in 3 years. If the

An investment offers the following cash flows:

$280

today,

$268

one year from now,

$251

in 2 years, and

$307

in 3 years. If the relevant interest rate is

6%

per year (an APR, with interest compounded annually), the value of the investment 3 years from today (immediately after the cash flow at "year 3 " occurs) is

\ Margin of error for correct responses: +/- . 10

image text in transcribed
An investment offers the following cash flows: $280 today, $268 one year from now, $251 in 2 years, and $307 in 3 years. If the relevant interest rate is 6\% per year (an APR, with interest compounded annually), the value of the investment 3 years from today (immediately after the cash flow at "year 3 " occurs) is $ Margin of error for correct responses: +/- . 10

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