Question
You received $200 at the beginning of year 1, $400 is received at the beginning of year 2, and $600 is received at the beginning
You received $200 at the beginning of year 1, $400 is received at the beginning of year 2, and $600 is received at the beginning of year 3. If these cash flows are deposited at 10%, what is the combined future value of the cash flows at the end of year 3?
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
15th Edition
978-0357438480, 0357438485
