You received $100 at the beginning of year 1, $200 is received at the beginning of year
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Question:
You received $100 at the beginning of year 1, $200 is received at the beginning of year 2, and $300 is received at the beginning of year 3. If these cash flows are deposited at 12 percent, what is the combined future value of the cash flows at the end of year 3?
Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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