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What Is the Future Value of the Following Cash Flows

Question 65

Multiple Choice

What is the future value of the following cash flows at the end of year 3 if the interest rate is 6%? The cash flows occur at the end of each year. What is the future value of the following cash flows at the end of year 3 if the interest rate is 6%? The cash flows occur at the end of each year. A) $15,916.78 B) $18,109.08 C) $18,246.25 D) $19,341.02 E) $19,608.07


A) $15,916.78
B) $18,109.08
C) $18,246.25
D) $19,341.02
E) $19,608.07

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