Question: Hello! I'm trying to solve this problem using my BA II Plus Financial Calculator and I can't seem to figure out how to solve it
Hello! I'm trying to solve this problem using my BA II Plus Financial Calculator and I can't seem to figure out how to solve it by calculator.
The value of the following cash flows four years from today is $8,001.52. The interest rate is 4.8 percent. What is the value of the Year 3 cash flow?
Year Cash Flow 1 - $ 1,585
2 - 1,752
3 - ?
4 - 2,765
Multiple Choice Answers:
$1419.77
$1292.69
$1559.34
$1354.74
$1487.92
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