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Future value of unequal cash flows. Given the following cash inflow at the end of each year, what is the future value of this cash
Future value of unequal cash flows. Given the following cash inflow at the end of each year, what is the future value of this cash flow at 7%, 11% and 17% interest rates at the end of year 7?
Year 1: $13,000
Year 2: $21,000
Year 3: $28,000
Years 4 through 6: $0
Year 7: $120,000
What is the future value of this cash flow at 7% interest rate at the end of year 7?
What is the present value of this cash flow at 11% interest rate at the end of year 7?
What is the present value of this cash flow at 17% interest rate at the end of year 7?
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