Question
What is the total future value six years from now of $90 received in one year, $270 received in two years and $800 received in
What is the total future value six years from now of $90 received in one year, $270 received in two years and $800 received in six years if the discount rate is 8%? Hint: Use a time line if needed.
| 1. | $1,047.15 | |
| 2. | $1,205.44 | |
| 3. | $1,254.44 | |
| 4. | $1,299.57 | |
| 5. | $1,363.57 |
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
133060411, 132805669, 9780133060416, 978-0132805667
