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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Definitions:

Areolar Connective Tissue

A type of loose connective tissue that provides a cushioning and supportive framework for organs and other tissues.

Adipose

Tissue comprised of fat cells that store energy and insulate the body.

Subcutaneous Layer

The inner layer of skin composed of fat and connective tissue that provides insulation and padding for the body.

Hypodermis

Also known as the subcutaneous layer, this is the innermost layer of the skin, containing fat and connective tissue to provide insulation and cushioning.