Consider the following timeline detailing a stream of cash flows: If the current market rate of interest is 6%,then the future value (FV)of this stream of cash flows is closest to:
A)$1723
B)$1500
C)$1626
D)$1288
E)$2007

Question

Consider the following timeline detailing a stream of cash flows:  If the current market rate of interest is 6%,then the future value (FV)of this stream of cash flows is closest to:
A)$1723 
B)$1500 
C)$1626 
D)$1288 
E)$2007

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 (FV)of this stream of cash flows is closest to:
A)$1723 
B)$1500 
C)$1626 
D)$1288 
E)$2007

Consider the Following Timeline Detailing a Stream of Cash Flows