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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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