What Is the Future Value of Cash Flows 1-5 AT THE END

question 44

Multiple Choice

What is the future value of cash flows 1-5 AT THE END YEAR 5,assuming a 6% interest rate (compounded annually) ?

• A) $13,879.36
• B) $13,093.74
• C) $9,7844.40
• D) $11,548.48

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