Question: If interest is 7% compounded annually, calculate the future value of four year cash flows of $10,000 in year 1; $20,000 in year 2; $30,000

If interest is 7% compounded annually, calculate the future value of four year cash flows of $10,000 in year 1; $20,000 in year 2; $30,000 in year 3 and $40,000 in year 4. Multiple Choice $105,248.43 $107.248.43 $109,248.43 $111,248.43 $113,248.43

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