Consider the following timeline detailing a stream of cash flows: If the current market rate of interest is 6%, then the future value (FV)of this stream of cash flows is closest to:
A)$1 626
B)$1 500
C)$1 288
D)$1 723

Question

Consider the following timeline detailing a stream of cash flows:  If the current market rate of interest is 6%, then the future value (FV)of this stream of cash flows is closest to:
A)$1 626 
B)$1 500 
C)$1 288 
D)$1 723

Quizplus · Accepted Answer

The Answer of Consider the following timeline detailing a stream of cash flows:  If the current market rate of interest is 6%, then the future value (FV)of this stream of cash flows is closest to:
A)$1 626 
B)$1 500 
C)$1 288 
D)$1 723

Consider the Following Timeline Detailing a Stream of Cash Flows