The value of the following cash flows four years from today is $8,728.72. The interest rate is 5.5 percent. What is the value of the Year 3 cash flow? O Year 1 2 3 4 Cash Flow $ 1,690 1,892 2,940 Multiple Choice $1,698.41 $1,446.39 $1,609.87 ? $1,525.94 3

The value of the following cash flows four yoars from foday is $8,72872. The interest rate is 5.5 percent What is the voluo of the Year 3 cash flow? Mutiple Choice 51,698.41 $1,446.39 $1,609.87 $1,525.94