$100 Is Received at the Beginning of Year 1,$200 Is

question 4

Multiple Choice

$100 is received at the beginning of year 1,$200 is received at the beginning of year 3.If these cash flows are deposited at 12 percent,their combined future value at the end of year three is: (Round to the nearest whole dollar)

• A) $672
• B) $536
• C) $427
• D) $364
• E) $336

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Definitions:

Operant Conditioning

A type of learning in which an animal is rewarded or punished for performing a behavior it discovers by chance.

Lunar

Related to the moon or its characteristics.

Nocturnal

Describes organisms that are active during the night and rest during the day.

Crepuscular

Describing organisms that are most active during the twilight periods at dawn and dusk.