Question
What is the future value of the following cash flows at the end of year 3 if the interest rate is 6%? The cash flows
What is the future value of the following cash flows at the end of year 3 if the interest rate is 6%? The cash flows occur at the end of each year.
Year 1
Year 2 Year 3
$5,180 $9,600 $2,250
$19,341.02
) $18,246.25
$15,916.78
$18,109.08
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Introduction To Accounting And Finance
Authors: Geoff Black
2nd Edition
0273711628, 978-0273711629
