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Given the following cash flows, what is the future value if the interest rate is 7%?. Year 1 2 3 Cash Flow $400 S650 $900
Given the following cash flows, what is the future value if the interest rate is 7%?.
| Year | 1 | 2 | 3 |
| Cash Flow | $400 | S650 | $900 |
A-$2,053.46
B-$1,676.24
C-$1,798.70
D-$2,023.50
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Short Term Financial Management
Authors: Terry S. Maness, John T. Zietlow
3rd Edition
0324202938, 978-0324202939
