Given the following cash flows,what is the future value at year ten when compounded at an interest rate of 4.0%? $$\begin{array} { | c | c | c | c | c | }
\hline \text { Year } & 7 & 8 & 9 & 10 \
\hline \text { Cash Flow } & \$ 4,000 & \$ 3,000 & \$ 2,000 & \$ 1,000 \
\hline
\end{array}$$
A)$30,000.00
B)$25,267.31
C)$16,864.17
D)$10,824.26

Question

Given the following cash flows,what is the future value at year ten when compounded at an interest rate of 4.0%? $$\begin{array} { | c | c | c | c | c | } 
\hline \text { Year } & 7 & 8 & 9 & 10 \
\hline \text { Cash Flow } & \$ 4,000 & \$ 3,000 & \$ 2,000 & \$ 1,000 \
\hline
\end{array}$$
A)$30,000.00
B)$25,267.31
C)$16,864.17
D)$10,824.26

Quizplus · Accepted Answer

The Answer of Given the following cash flows,what is the future value at year ten when compounded at an interest rate of 4.0%? $$\begin{array} { | c | c | c | c | c | } 
\hline \text { Year } & 7 & 8 & 9 & 10 \
\hline \text { Cash Flow } & \$ 4,000 & \$ 3,000 & \$ 2,000 & \$ 1,000 \
\hline
\end{array}$$
A)$30,000.00
B)$25,267.31
C)$16,864.17
D)$10,824.26

Given the Following Cash Flows,what Is the Future Value at Year