Multiple Choice
What is the value in year 4 of a $9,000 cash flow made in year 13 if interest rates are 7 percent in years "4 through 9" and increase to 11 percent after that?
A) $4,226.99
B) $4,472.06
C) $4,698.17
D) $4,716.52
Correct Answer:
Verified
Correct Answer:
Verified
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