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At a Rate of 6

Question 55

Multiple Choice

At a rate of 6.5%,what is the future value of the following cash flow stream: $0 at Time 0; $75 at the end of Year 1; $225 at the end of Year 2; $0 at the end of Year 3; and $300 at the end of Year 4?


A) $526.01
B) $553.69
C) $613.51
D) $645.80

Correct Answer:

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