Consider the following timeline detailing a stream of cash flows: If the current market rate of interest is 6%, then the future value of this stream of cash flows is closest to:
A)$1,723
B)$1,500
C)$1,626
D)$1,288

Question

Consider the following timeline detailing a stream of cash flows:  If the current market rate of interest is 6%, then the future value of this stream of cash flows is closest to:
A)$1,723 
B)$1,500 
C)$1,626 
D)$1,288

Quizplus · Accepted Answer

The Answer of Consider the following timeline detailing a stream of cash flows:  If the current market rate of interest is 6%, then the future value of this stream of cash flows is closest to:
A)$1,723 
B)$1,500 
C)$1,626 
D)$1,288

Consider the Following Timeline Detailing a Stream of Cash Flows