Question
Calculate the future value of the single cash flow deposited today that will be available at the end of the deposit period if the interest
Calculate the future value of the single cash flow deposited today that will be available at the end of the deposit period if the interest is compounded annually, at the rate specified over the given period.
| Single Cash Flow ($) | Interest Rate (%) | Years | Future Value ($) |
|
| 939,000 | 5 | 6 | ||
| 243,000 | 16 | 18 | ||
| 154,000 | 12 | 13 | ||
| 592,000 | 8 | 27 |
What is the Future value of each one?
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Financial Management And Policy
Authors: James C. Van Horne
12th Edition
0130326577, 9780130326577
