What Is the Future Value at the End of Year

question 150

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 14%?

• A) -$649.32
• B) -$268.88
• C) $0
• D) $316.72
• E) $469.23

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Definitions:

Ecosystem

The interacting system that encompasses a community and its nonliving, physical environment. Compare with community.

Producers

Organisms, typically plants, that create their own food through photosynthesis, forming the base of the food chain.

Deductive Reasoning

The reasoning that operates from generalities to specifics and can make relationships among data more apparent. Compare with inductive reasoning. See hypothetico-deductive approach.

Premises

Statements or ideas that serve as the basis for an argument or reasoning, often accepted as true to support the conclusion of an argument.