What Is the Future Value of the Following Cash Flows

question 48

Multiple Choice

What is the future value of the following cash flows at the end of year 3 if the interest rate is 9% ?
$\begin{array} { | l | l | l | } \hline \text { Year } 1 & \text { Year } 2 & \text { Year } 3 \\\hline c 9,820 & £ 0 & £ 4,510 \\\hline\end{array}$

• A)£15,213.80
• B)£15,619.70
• C)£15,916.78
• D)£16,177.14
• E)£17,633.08

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