Question
Scottie Barnes has invested in an investment that will pay him $6,400, $6,450, $7,225, and $7,500 over the next four years. If his opportunity cost
Scottie Barnes has invested in an investment that will pay him $6,400, $6,450, $7,225, and $7,500 over the next four years. If his opportunity cost is 10 percent, what is the future value of the cash flows he will receive? (Round to the nearest dollar.)
| A- $32,020 |
| B- $31,770 |
| C- $27,150 D- $30,455 |
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World Finance Since 1914
Authors: Paul Einzig
1st Edition
0415539471, 978-0415539470
