Question
MC algo 5-7 Future Value Of Unequal Cash Flows Assuming an interest rate of 5.9 percent, what is the value of the following cash flows
MC algo 5-7 Future Value Of Unequal Cash Flows
Assuming an interest rate of 5.9 percent, what is the value of the following cash flows five years from today?
| Year | Cash Flow | |||
| 1 | $ | 3,440 | ||
| 2 | 4,575 | |||
| 3 | 5,530 | |||
| 4 | 6,790 | |||
Multiple Choice
-
$23,152.45
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$23,473.02
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$21,862.56
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$22,226.35
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$22,667.79
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
2nd Edition
003034509X, 9780030345098
