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You are promised $100 in year 1, $200 in year 2, $300 in year 3, $400 in year 4, and $500 in year 5. What

You are promised $100 in year 1, $200 in year 2, $300 in year 3, $400 in year 4, and $500 in year 5. What is the value of this cash stream 5 years from now if the interest rate is 6%?

Group of answer choices

$1,625.53

$1,215.69

$2,600.94

$1,415.09

$1,950.94

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