Consider the following timeline detailing a stream of cash flows: If the current market rate of interest is 8%, then the future value of this stream of cash flows is closest to:
A) $11,699
B) $10,832
C) $12,635
D) $10,339

Question

Consider the following timeline detailing a stream of cash flows:  If the current market rate of interest is 8%, then the future value of this stream of cash flows is closest to:
A) $11,699 
B) $10,832 
C) $12,635 
D) $10,339

Quizplus · Accepted Answer

The Answer of Consider the following timeline detailing a stream of cash flows:  If the current market rate of interest is 8%, then the future value of this stream of cash flows is closest to:
A) $11,699 
B) $10,832 
C) $12,635 
D) $10,339

Consider the Following Timeline Detailing a Stream of Cash Flows