Consider the following timeline: If the current market rate of interest is 7%,then the future value of the cash flows on this timeline as of year 3 is closest to:
A)$1720.
B)$1500.
C)$1404.
D)$1717.

Question

Consider the following timeline:  If the current market rate of interest is 7%,then the future value of the cash flows on this timeline as of year 3 is closest to:
A)$1720. 
B)$1500. 
C)$1404. 
D)$1717.

Quizplus · Accepted Answer

The Answer of Consider the following timeline:  If the current market rate of interest is 7%,then the future value of the cash flows on this timeline as of year 3 is closest to:
A)$1720. 
B)$1500. 
C)$1404. 
D)$1717.

Consider the Following Timeline: If the Current Market Rate