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Calculate the future value of five-year cash flows of $1,000 in year 1; $2,000 in year 2; $3,000 in year 3; $4,000 in year 4
Calculate the future value of five-year cash flows of $1,000 in year 1; $2,000 in year 2; $3,000 in year 3; $4,000 in year 4 and 55,000 in year 5. if interest is 5% compounded annually. Select one a $16,838.26 b. $16.238.26 oc $16.438.26 $16 038.26 $16.638.26
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