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    Exam 4: The Time Value of Money
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    Use the Following Timeline to Answer the Question(s)below
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Use the Following Timeline to Answer the Question(s)below

Question 69

Question 69

Multiple Choice

Use the following timeline to answer the question(s) below.
0 1 2 3
$600 $1200 $1800
-At an annual interest rate of 7%,the future value of this timeline in year 3 is closest to:


A) $3295
B) $3600
C) $3770
D) $4035

Correct Answer:

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