Solved

Which of the Following Cash Flows Has the Highest Future

Question 6

Multiple Choice

Which of the following cash flows has the highest future value?


A) $1000 invested for two years in the future when the interest rate is 4%
B) $1000 invested for two years in the future when the interest rate is 6%
C) $1000 invested for three years in the future when the interest rate is 4%
D) $1000 invested for three years in the future when the interest rate is 6%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents