What is the future value of the following cash flows at the end of year 3 if the interest rate is 7.25%? The cash flows occur at the end of each year.

A) $8,758.04
B) $8,806.39
C) $10,073.99
D) $10,314.00
E) $10,804.36

Question

What is the future value of the following cash flows at the end of year 3 if the interest rate is 7.25%? The cash flows occur at the end of each year.

A) $8,758.04 
B) $8,806.39 
C) $10,073.99 
D) $10,314.00 
E) $10,804.36

Quizplus · Accepted Answer

The Answer of What is the future value of the following cash flows at the end of year 3 if the interest rate is 7.25%? The cash flows occur at the end of each year.

A) $8,758.04 
B) $8,806.39 
C) $10,073.99 
D) $10,314.00 
E) $10,804.36

What Is the Future Value of the Following Cash Flows