Question: What is the total future value, to the nearest dollar, six years from now of $80 received in one year, $300 received in two years,
What is the total future value, to the nearest dollar, six years from now of $80 received in one year, $300 received in two years, and $700 received in six years if the discount rate is 7%? (round to the nearest dollar)
| a. $ 803 | ||
| b. $1,127 | ||
| c. $1,205 | ||
| d. $1,290 | ||
| e. None of the above |
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