If today is Year 0, what is the future value of the following cash flows five years from now? What is the future value 10 years from now? Assume an interest rate of 9.4 percent per year.
Year Cash Flow
2 ..... $25,000
3 ..... 45,000
5 ..... 65,000
DATE
Question answered on Jul 22, 2018
PRICE: $17
Solution~000637682.zip (18.37 KB)
