What Is the Future Value at the End of Year

question 57

Multiple Choice

What is the future value at the end of year 3 of the following set of cash flows if the interest rate is 8%?

• A) -$64.93
• B) $366.89
• C) $1,824.64
• D) $2,698.13
• E) $3,714.21

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Definitions:

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