Question
The future worth (in year 8) of $10,000 in year 3, $10,000 in year 5, and $10,000 in year 8 at an interest rate of
The future worth (in year 8) of $10,000 in year 3, $10,000 in year 5, and $10,000 in year 8 at an interest rate of 12% per year is closest to
(a) $32,100
(b) $39,300
(c) $41,670
(d) $46,200
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
16th edition
125927716X, 978-1259687969, 1259687961, 978-1259277160
