Given the Following Cash Flows,what Is the Future Value at Year

question 88

Multiple Choice

Given the following cash flows,what is the future value at year six when compounded at an annual interest rate of 8.0%? $$\begin{array} { | c | c | c | c | c | } \hline \text { Year } & 0 & 2 & 4 & 6 \\\hline \text { Cash Flow } & \$ 9,000 & \$ 7,000 & \$ 5,000 & \$ 11,000 \\\hline\end{array}$$

• A)$38,955.39
• B)$40,637.29
• C)$42,074.42
• D)$50,779.98

---

Definitions:

Blended Model

A therapeutic approach that integrates elements from different counseling theories or models to tailor treatment to the individual's needs.

Counseling

A professional guidance process in which a counselor helps an individual, group, or family in solving personal or psychological problems.

Collaborator

A person or entity that works jointly with others or together especially in an intellectual endeavor.

N-SSATS

National Survey of Substance Abuse Treatment Services, a source of information on the location, characteristics, and use of alcohol and drug abuse treatment facilities in the United States.