Question 9 (8 points) 4) Listen For the cash flows shown, calculate the future worth in...
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Question 9 (8 points) 4) Listen For the cash flows shown, calculate the future worth in year 7. Assume an interest rate of 14% per year. Year 0 2 3 4 5 6 7 Cash Flow 0 +200 +200 +200 +200 +200 0 0 ($) The future worth in year 7 is equal to: (All the answers listed were calculated based on compound interest factor tables) $1,477 $1,322 $1,718 $687 Question 9 (8 points) 4) Listen For the cash flows shown, calculate the future worth in year 7. Assume an interest rate of 14% per year. Year 0 2 3 4 5 6 7 Cash Flow 0 +200 +200 +200 +200 +200 0 0 ($) The future worth in year 7 is equal to: (All the answers listed were calculated based on compound interest factor tables) $1,477 $1,322 $1,718 $687
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