Year​ 1: ​$13,000 Year​ 2:       ​$21,000 Year​ 3: ​$30,000 Years 4 through​ 6: ​$0 Year​ 7: ​$160,000 Different cash flow.  Given the following cash inflow at the end of each​ year, hat is the future value of this cash flow at 3%​, 10%​, and 15​% interest rates at the end of year​ 7?

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 1MC
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Year​ 1:
​$13,000
Year​ 2:      
​$21,000
Year​ 3:
​$30,000
Years 4 through​ 6:
​$0
Year​ 7:
​$160,000

Different cash flow.  Given the following cash inflow at the end of each​ year, hat is the future value of this cash flow at 3%​, 10%​, and 15​% interest rates at the end of year​ 7?

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