Question

Calculate the Future Value of the following Cash Flow Discount Rate 10.0% Year Cash Flow 0 1 N -$3,000 $9,000 $10,000 $9,000
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Answer #1

Future Value = -3,000(1.10)5 + 9,000(1.10)4 + 10,000(1.10)3 + 9,000(1.10)2 + 8,000(1.10) + 3,000

Future Value = $44,345

Option E is correct

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