Calculate the future equivalent at the end of 2025, at 6% per year, of the following series of cash lows in the table Year Cash flow, $ 2021 5,00 2022 4,000 2023 3,000 2024 2,000 2025 Select one: a. 16,567 O b. 25,841

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Calculate the future equivalent at the end of 2025, at 6% per year, of the following series of cash flows in the table
wwer saved
ked out of
Year
Cash flow, $
2021
5,000
lag question
2022
4,000
2023
3,000
2024
2,000
2025
Select one:
a. 16,567
O b. 25,841
Oc 11,930
O d. 30,478
O e. 21,204
Clear my choice
240 PM ARA
Transcribed Image Text:stion Calculate the future equivalent at the end of 2025, at 6% per year, of the following series of cash flows in the table wwer saved ked out of Year Cash flow, $ 2021 5,000 lag question 2022 4,000 2023 3,000 2024 2,000 2025 Select one: a. 16,567 O b. 25,841 Oc 11,930 O d. 30,478 O e. 21,204 Clear my choice 240 PM ARA
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