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

question 51

Multiple Choice

$100 is received at the beginning of year 1, $200 is received at the beginning of year 2, and $300 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 3 is ________.

• A)$1,536.
• B)$672.
• C)$727.
• D)$1,245.

---

Definitions:

Atmospheric Layer

A layer in the Earth's atmosphere characterized by specific temperature and pressure conditions, such as the stratosphere or troposphere.

Earth's Air

The mixture of gases surrounding the planet, known as the atmosphere, which is crucial for supporting life by providing oxygen and protecting against solar radiation.

Troposphere

The lowest layer of Earth's atmosphere, where weather phenomena like rain, snow, and storms occur.

Atmospheric Boundary

The transitional layer of the atmosphere closest to the Earth's surface where the majority of weather phenomena take place.