Question: 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
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 6.9 percent per year.
Year ______________Cash Flow
2 ............................ $15,000
3 .............................. 24,000
5 ............................. 33,000
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