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Year Cash Flow 1 $1,000 2 $2,000 3 $3,000 4 $4,000 5 $5,000 Interest Rate 11.00% The future value of this series of cash flows
| Year | Cash Flow | ||
| 1 | $1,000 | ||
| 2 | $2,000 | ||
| 3 | $3,000 | ||
| 4 | $4,000 | ||
| 5 | $5,000 | ||
| Interest Rate | 11.00% | ||
| The future value of this series of cash flows is (assuming end of each year cash flows) | |||
| a. | 10,319.90 | ||
| b. | 11,212.62 | ||
| c. | 17,389.63 | ||
| d. | 19,544.90 | ||
| e | none of the above | ||
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Public Sector Accounting And Budgeting For Non-Specialists
Authors: G. Jan Van Helden, Ron Hodges
1st Edition
1137376988, 9781137376985
