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Assume that your required rate of return is 12 percent and you are given the following stream of cash flows: Year/Cash Flow 1 $-5,000 2

Assume that your required rate of return is 12 percent and you are given the following stream of cash flows:

Year/Cash Flow 1 $-5,000 2 10,000 3 20,000 4 20,000 5 10,000 6 10,000

If payments are made at the end of each period, what is the future value of this cash flow stream at the end of the 6th year?

A. $41,194.2 B. $42,923.2 C. $57,011.53 D. $80,277.68 E. $81,310.05

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