Robert White will receive from his investment cash flows of $4,450, $4,775, and $5,125. If he can earn 7 percent on any investment that he makes, what is the future value of his investment cash flows at the end of three years? (Round to the nearest dollar.)
A) $15,329
B) $15,427
C) $16,427
D) $14,427
Correct Answer:
Verified
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