Question: Given the following cash flows, what is the future value at year six when compounded at an interest rate of 8.0%? Year 0 2 4

Given the following cash flows, what is the future value at year six when compounded at an interest rate of 8.0%?

Year 0 2 4 6
Cash Flow $5,000 $7,000 $9,000 $11,000

Select one:

a. $56,687.43

b. $32,000.00

c. $38,955.39

d. $42,074.42

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