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Score: 0 of 1 pt 4 46 of 50 (41 complete) HW Score: 71.56%, 35.78 of 50 pts Question Help E7-8 (similar to) (Ckck the
Score: 0 of 1 pt 4 46 of 50 (41 complete) HW Score: 71.56%, 35.78 of 50 pts Question Help E7-8 (similar to) (Ckck the icon to view the Present Value of $1 Requirement Calculate the future value of each of the following cash flows using a 9% interest rate (Click the icon to view the cash flows) (Check the icon to view the Future Value of 51 tale) (Chck the icon to view the Future Value of an Ordinary Anny table) (Click the icon to view the Future Value of an Avuity Due table) (Cck the icon to view the Present Value of an Ordinary Annuity table.) (Click the icon to view the Present Value of an Annuity Due table.) Requirement a. Riches Co agreed to finance a project by making nine arvual deposits of $25,000 at the end of each year. The deposits will commence three years from today Interest is compounded annually. Will the company have enough funds to finance the project, which is estimated to co 5346 0002 Begin by calculating the future value of this cash flow (Use the present vakre and future valun tables, a financial calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, X.XXXXX Round your final answer to the nearest cent. SX XX ) The future value of this cash flow is $ More Info - X a. Riches Co. agreed to finance a project by making nine annual deposits of $25.000 at the end of each year. The deposits will commence three years from today. Interest is compounded annually Will the company have enough funds to finance the project, which is estimated to cost $346,000? Riches Co. agreed to finance a project by making nine annual deposits of S25,000 at the beginning of each year. The deposits will commence three years from today Interest is compounded annually. Will the company have enough funds to finance the project, which is estimated to cost $346.000? Enter any number in the edit fields and then click Check Ansy 2 parts remaining Check
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