Question
What is the total future value six years from now of $70 received in one year, $275 received in two years and $700 received in
What is the total future value six years from now of $70 received in one year, $275 received in two years and $700 received in six years if the discount rate is 8%?Hint: Use a time line.
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Get StartedRecommended Textbook for
Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
133060411, 132805669, 9780133060416, 978-0132805667
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