What Is the Future Value of the Following Cash Flows

question 55

Multiple Choice

What is the future value of the following cash flows at the end of year 3 if the interest rate is 7.25 percent? The cash flows occur at the end of each year.

• A)$10,758.04
• B)$10,806.39
• C)$11,073.99
• D)$11,146.49
• E)$11,804.36

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Definitions:

Social Health

An individual's capacity to form satisfying interpersonal relationships with others and to adapt comfortably to different social situations.

Fight-or-Flight

A physiological response to perceived danger or threat, preparing the body to fight or flee from the threatening situation.

Tend-and-Befriend

A theory suggesting that in response to stress, individuals, especially women, are predisposed to caring for offspring and seeking social support.

Continuum

A continuous sequence in which adjacent elements are not perceptibly different from each other, although the extremes are quite distinct.