In: Finance
Different cash flow. Given the following cash inflow at the end of each year, what is the future value of this cash flow at 7%, 12%, and 14% interest rates at the end of year 7?
Year 1: |
$16,000 |
|
Year 2: |
$18,000 |
|
Year 3: |
$29,000 |
|
Years 4 through 6: |
$0 |
|
Year 7: |
$130,000 |