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You plan to deposit the following amounts at the end of each of the next three years into an account paying an interest rate of
You plan to deposit the following amounts at the end of each of the next three years into an account paying an interest rate of 12 percent per year. Year 1 2 3 Requirement 1: What is the future value of these cash flows at the end of Year 3? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Future Cash Flow $3,000 6,000 10,000 value
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