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Consider the following timeline detailing a stream of cash flows: If the current market rate of interest is 7%, then the future value (FV) of
Consider the following timeline detailing a stream of cash flows:
If the current market rate of interest is 7%, then the future value (FV) of this stream of cash flows is closest to:
Date
0 1 2 3 4
$1000 $2000 $3000 $4000 ?
A. $13, 771
B. $5,738
C.$18,362
D.$11,476
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