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Author Question: Assume that you will receive $2,000 a year in Years 1 through 5, $3,000 a year in Years 6 through 8, ... (Read 116 times)

DyllonKazuo

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Question 1

$100 is received at the beginning of year 1, $200 is received at the beginning of year 3. If these cash flows are deposited at 12 percent, their combined future value at the end of year three is (Round to the nearest whole dollar.)
◦ $672.
◦ $536.
◦ $427.
◦ $364.
◦ $489.

Question 2

Assume that you will receive $2,000 a year in Years 1 through 5, $3,000 a year in Years 6 through 8, and $4,000 in Year 9, with all cash flows to be received at the end of the year. If you require a 14 percent rate of return, what is the present value of these cash flows? (Round to the nearest whole dollar.)
◦ $9,851
◦ $13,250
◦ $11,714
◦ $15,129
◦ $17,353


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Marked as best answer by DyllonKazuo on Apr 25, 2021

marict

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DyllonKazuo

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


momolu

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Reply 3 on: Yesterday
:D TYSM

 

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