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What Is the Value in Year 20 of a $1,000

Question 140

Multiple Choice

What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years "6 through 13" and increase to 18 percent in the remaining years?


A) $5,779.57
B) $5,912.42
C) $6,005.71
D) $6,407.13

Correct Answer:

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