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If you are planning to invest about $8000 to buy some school bus that have an interest of 12% and have a life value of
If you are planning to invest about $8000 to buy some school bus that have an interest of 12%
and have a life value of 4 years, and with cash flow of $1,500 in the 1st year; $2,000 on the 2nd
year; $3,000 on the 3rd year; and $4000 in the 4th year.
What is the future value of that investment?
a. $ 8388.93
b. $ 8338.93
c. $ 8833.93
d. $ 3388.93
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