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Given the following end-of the year cash flow, what is the future value at the end of the year 3 if the interest rate is
Given the following end-of the year cash flow, what is the future value at the end of the year 3 if the interest rate is 6 percent?
Year | Cashflow |
1 | 450 |
2 | 625 |
3 | 550 |
Select one:
a.$1751.12
b.$1821.21
c.1718.12
d.$1834.31
What is the total future value six years from now of $125 received in one year, $250 received in two years, and $500 received in six years if the discount rate is 9.00 percent?
Select one:
a.$1,145.57
b.$1,237.21
c.$1,047.93
d.$1,045.22
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