Question: 2. Future value with multiple cash flows - Suppose you deposit $100 today in an account paying 7 percent interest. In one year, you will

2. Future value with multiple cash flows - Suppose you deposit

2. Future value with multiple cash flows - Suppose you deposit $100 today in an account paying 7 percent interest. In one year, you will deposit another $100. How much is the first $100 deposited today worth in two years. (Drawing the timeline of cash flows is helpful. And you might use PV factor, financial calculator or excel, but I recommend you use fianncial calculator or excel) Multiple Choice - $114.49 - $110.49 - $121.49 - $107.49

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