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What Is the Future Value of the Following Cash Flows

Question 71

Multiple Choice

What is the future value of the following cash flows at the end of year 3 if the interest rate is 9 percent? 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 9 percent? The cash flows occur at the end of each year. A) $15,213.80 B) $15,619.70 C) $15,916.78 D) $16,177.14 E) $17,365.24


A) $15,213.80
B) $15,619.70
C) $15,916.78
D) $16,177.14
E) $17,365.24

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