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Given the following cash inflow at the end of each year, what is the future value...

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Finance

Given the following cash inflow at the end of each year, what isthe future value of this cash flow at 3%, 10% and 18% interestrates at the end of year 7?

Year   Cash Inflow
1 $15,000
2 $22,000
3 $28,000
4 $0
5 $0
6 $0
7 $160,000

What is the future value of this cash flow at 3% interest rateat the end of year 7?

What is the future value of this cash flow at 10% interest rateat the end of year 7?

What is the future value of this cash flow at 18% interest rateat the end of year 7?

round to the nearest cent

Answer & Explanation Solved by verified expert
4.1 Ratings (484 Votes)
At 3 Interest Rate FV of year 1 cashflow 15000136 150001036 1500011941 1791078 FV of year 2 cashflow 22000135 220001035 2200011593 2550403 FV of year 3 cashflow 28000134 280001034    See Answer
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