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What Is the Value in Year 6 of a $9,000

Question 58

Multiple Choice

What is the value in year 6 of a $9,000 cash flow made in year 14 if interest rates are 7 percent in years "4 through 9" and increase to 10 percent after that?


A) $4,252.19
B) $4,417.46
C) $4,561.71
D) $45,798.53

Correct Answer:

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