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Given the following cash flows, what is the future value at year ten when compounded at an interest rate of 4.0%? Year 7 8 9
Given the following cash flows, what is the future value at year ten when compounded at an interest rate of 4.0%?
Year | 7 | 8 | 9 | 10 |
Cash Flow | $4,000 | $3,000 | $2,000 | $1,000 |
$25,267.31 | ||
$10,824.26 | ||
$30,000.00 | ||
$16,864.17 |
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