Question
Problem 04.062 Varying Interest Rates For the cash flows shown, determine the future worth in year 5. Year Cash Flow($/year) Estimated i Per Year 0
Problem 04.062 Varying Interest Rates
For the cash flows shown, determine the future worth in year 5.
| Year | Cash Flow($/year) | Estimated i Per Year |
| 0 | 5000 | 12% |
| 14 | 6000 | 11% |
| 5 | 9000 | 19% |
The future worth in 5 years is $ 27386.12 27386.12 Incorrect .
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
