What Is the Value in Year 6 of a $9,000

question 61

Multiple Choice

What is the value in year 6 of a $9,000 cash flow made in year 14 if interest rates are 7 percent in years 4 through 9 and increase to 10 percent after that?

• A)$4,252.19
• B)$4,417.46
• C)$4,561.71
• D)$4,579.53

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Definitions:

Destroyed

Rendered useless or completely obliterated.

Breach Of Contract

Occurs when one party in a binding agreement fails to deliver according to the terms of the agreement.

Anticipation Of Delivery

Expectation or preparation for the receipt of goods or items that have been ordered, prior to their actual arrival.

Range Free

Often associated with farming and food production, indicating animals that are raised without being confined in tight spaces and have some degree of outdoor access.