Question
Different cash flow. Given the following cash inflow at the end of each year, what is the future value of this cash flow at 3%,
Different cash flow.Given the following cash inflow at the end of each year, what is the future value of this cash flow at
3%, 12%, and 15%. interest rates at the end of year 7?
| Year 1: | $12,000 | |
| Year 2: | $20,000 | |
| Year 3: | $29,000 | |
| Years 4 through 6: | $0 | |
| Year 7: | $140,000 |
What is the future value of this cash flow at 3% interest rate at the end of year 7?
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The Moorad Choudhry Anthology Website Past Present And Future Principles Of Banking And Finance
Authors: Moorad Choudhry
1st Edition
1118779738, 978-1118779736
