Question
For the following mixed stream of cash flows, determine the future value at the end of the final year if deposits are made at the
For the following mixed stream of cash flows, determine the future value at the end of the final year if deposits are made at the beginning of each year into an account paying annual interest of10%, assuming no withdrawals are made during the period.
| Year | Cash Flow Stream |
|
| 1year | 13,000 | |
| 2 | 9,400 | |
| 3 | 7,000 |
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Finance And Control For Construction
Authors: Chris March
1st Edition
0415371155, 978-0415371155
