What Is the Future Value of the Following Cash Flows $$\frac { \text { Year } 1 } { \$ 6,800 } \quad \frac { \text { Year } 2 } { \$ 2,100 } \quad \frac { \text { Year } 3 } { \$ 0 }$$

question 46

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%? The cash flows occur at the end of each year. $$\frac { \text { Year } 1 } { \$ 6,800 } \quad \frac { \text { Year } 2 } { \$ 2,100 } \quad \frac { \text { Year } 3 } { \$ 0 }$$

• A)$8,758.04
• B)$8,806.39
• C)$10,073.99
• D)$10,314.00
• E)$10,804.36

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