Question
What is the value of cash flows 1-5 at the end of year 5, assuming a 6% interest rate (compounded annually)? End of year Cash
What is the value of cash flows 1-5 at the end of year 5, assuming a 6% interest rate (compounded annually)?
End of year
Cash flow
1
$2,500
2
3,000
3
1,250
4
3,500
5
1,250
$13,879
$13,094
none of the answers are correct
$9,784
$11,548
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An Introduction to Analysis
Authors: William R. Wade
4th edition
132296381, 978-0132296380
