What Is the Future Value of the Following Cash Flows

question 38

Multiple Choice

What is the future value of the following cash flows at the end of year 3 if the interest rate is 6%? The cash flows occur at the end of each year.

• A) $15,916.78
• B) $18,109.08
• C) $18,246.25
• D) $19,341.02
• E) $19,608.07

---

Definitions:

Receptors

Specific molecules in cells that bind with particular substances, enabling the cell to respond to signals from its external environment.

Genotypes

The genetic makeup of an organism, referring to the specific sequence of DNA that determines individual traits and predispositions.

Recessive

A genetic trait that is expressed in an organism's phenotype only when two copies of the gene are present, as opposed to dominant traits, which require only one copy.

Anemia

A condition characterized by a deficiency of red blood cells or hemoglobin in the blood, leading to fatigue and weakness.