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) $5850
C) $14,039
D) $18,718

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) $5850 
C) $14,039 
D) $18,718

Quizplus · Accepted Answer

A) 11eaabab_c0b8_b91c_b90e_95bf3e9f1613_TB5536_11

Consider the Following Timeline Detailing a Stream of Cash Flows