Author Question: What is the future value of the following cash flows in year 5 with an interest rate of 6? Year ... (Read 88 times)

jlmhmf

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What is the future value of the following cash flows in year 5 with an interest rate of 6?
  Year Cash Flow
  1 200
  2 400
  3 600
  4 800
  5 1000
 
  A) 3,251.06
  B) 3,446.13
  C) 3,067.04
  D) 3,000.00
  E) 3,180.00

Question 2

The cash budget consists of all the following factors EXCEPT
 
  A) cash disbursements. B) cash receipts.
  C) net income. D) new financing needed.



Shshxj

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Answer to Question 1

A

Answer to Question 2

C



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