Given the Following Cash Flows,what Is the Future Value at Year

Multiple Choice

Given the following cash flows,what is the future value at year six when compounded at an annual interest rate of 8.0%? $$\begin{array} { | c | c | c | c | c | } \hline \text { Year } & 0 & 2 & 4 & 6 \\\hline \text { Cash Flow } & \$ 9,000 & \$ 7,000 & \$ 5,000 & \$ 11,000 \\\hline\end{array}$$

A) $38,955.39
B) $40,637.29
C) $42,074.42
D) $50,779.98