Question: Select the correct future values from the dropdown options and Determine the future value at the end of June for the cash flows in Table
Select the correct future values from the dropdown options and Determine the future value at the end of June for the cash flows in Table 1 using a periodic interest rate of 2% compounded monthly. These cash flows occur at the end of the respective months. Month Amount($) Dec. Dec. $24,000 $24,000 [Select Jan. $18,000 (Select] Feb. $15,000 [ Select] March $31,000 [ Select] April $23,500 [ Select] May $25,500 [Select] Total FV at End of June: [ Select] Select the correct future values from the dropdown options and Determine the future value at the end of June for the cash flows in Table 1 using a periodic interest rate of 2% compounded monthly. These cash flows occur at the end of the respective months. Month Amount($) Dec. Dec. $24,000 $24,000 [Select Jan. $18,000 (Select] Feb. $15,000 [ Select] March $31,000 [ Select] April $23,500 [ Select] May $25,500 [Select] Total FV at End of June: [ Select]
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