For the cash flows shown, calculate the future worth in year 14 using i = 14%...

Question

Question

For the cash flows shown, calculate the future worth in year 14 using i = 14% per year. Year 0 1 2 3 4 5 6 Cash flow, $ 200 200 200 200 300 300 300

Answer 1

Answer #1

3 As per the question, the cash flows are Year Cash Flows 0 200 1 200 2 200 200 300 300 6 300 Interest Rate = 14% Calculate t

Answer 2

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