What Is the Value in Year 20 of a $1,000

question 31

Multiple Choice

What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15% in years 6 through 13 and increase to 18% in the remaining years?

• A) $5,779.57
• B) $5,9812.42
• C) $6,005.71
• D) $6,407.13

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