Find the future value at the end of year 3 of the following stream of cash flows received at the end of each year, assuming the firm can earn 8 percent on its investments.
A) $45,000
B) $53,396
C) $47,940
D) $56,690

Question

Find the future value at the end of year 3 of the following stream of cash flows received at the end of each year, assuming the firm can earn 8 percent on its investments. 
A) $45,000 
B) $53,396 
C) $47,940 
D) $56,690

Quizplus · Accepted Answer

The Answer of Find the future value at the end of year 3 of the following stream of cash flows received at the end of each year, assuming the firm can earn 8 percent on its investments. 
A) $45,000 
B) $53,396 
C) $47,940 
D) $56,690

Find the Future Value at the End of Year 3