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Find the Future Value at the End of Year 3

Question 73

Multiple Choice

Find the future value at the end of year 3 of the following stream of cash flows received at the end of each year, assuming the firm can earn 8 percent on its investments. Find the future value at the end of year 3 of the following stream of cash flows received at the end of each year, assuming the firm can earn 8 percent on its investments.   A)  $45,000 B)  $53,396 C)  $47,944 D)  $56,690


A) $45,000
B) $53,396
C) $47,944
D) $56,690

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