Consider the following timeline detailing a stream of cash flows: If the current market rate of interest is 8%,then the future value (FV)of this stream of cash flows is closest to:
A)$11,699
B)$10,832
C)$12,635
D)$10,339
E)$13,605

Name: Consider the following timeline detailing a stream of cash flows: If the current market rate of interest is 8%,then the future value (FV)of this stream of cash flows is closest to: A)$11,699 B)$10,832 C)$12,635 D)$10,339 E)$13,605
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Question

Consider the following timeline detailing a stream of cash flows:  If the current market rate of interest is 8%,then the future value (FV)of this stream of cash flows is closest to:
A)$11,699 
B)$10,832 
C)$12,635 
D)$10,339 
E)$13,605

Quizplus · Accepted Answer

The Answer is A

Consider the Following Timeline Detailing a Stream of Cash Flows