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Different cash flow.Given the following cash inflow at the end of each year, Year 1: $16,000 Year 2: $19,000 Year 3: $28,000 Years 4 through
Different cash flow.Given the following cash inflow at the end of each year,
Year 1: | $16,000 |
Year 2: | $19,000 |
Year 3: | $28,000 |
Years 4 through 6: | $0 |
Year 7: | $150,000 |
What is the future value of this cash flow at 3 %, 8 % and 15% interest rates at the end of year 7? (Round to the nearest cent.)
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