FV of Multiple Cash Flows: Shane Matthews Has Invested in an Investment

question 68

Multiple Choice

FV of multiple cash flows: Shane Matthews has invested in an investment that will pay him $6,200, $6,450, $7,225, and $7,500 over the next four years. If his opportunity cost is 10 per cent, what is the future value of the cash flows he will receive? (Round to the nearest dollar.)

• A) $27,150
• B) $29,900
• C) $30,455
• D) $31,504

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