Consider the following timeline: If the current market rate of interest is 10%,then the future value of the cash flows on this timeline is closest to:
A)$666.
B)$500.
C)$605.
D)$650.

Question

Consider the following timeline:  If the current market rate of interest is 10%,then the future value of the cash flows on this timeline is closest to:
A)$666. 
B)$500. 
C)$605. 
D)$650.

Quizplus · Accepted Answer

The Answer of Consider the following timeline:  If the current market rate of interest is 10%,then the future value of the cash flows on this timeline is closest to:
A)$666. 
B)$500. 
C)$605. 
D)$650.

Consider the Following Timeline: If the Current Market Rate