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Find the Future Value at the End of Year 3

Question 93

Multiple Choice

Find the future value at the end of year 3 of the following stream of cash flows received at the end of each year, assuming the firm can earn 8 percent on its investments. Find the future value at the end of year 3 of the following stream of cash flows received at the end of each year, assuming the firm can earn 8 percent on its investments. A) $45,000 B) $53,396 C) $47,940 D) $56,690


A) $45,000
B) $53,396
C) $47,940
D) $56,690

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