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Compute the future value of a $135 cash flow for the following combinations of rates and times. (Do not round intermediate calculations. Round your answers to 2 decimal places.)   a. r = 7%; t = 10 years   b. r = 7%; t = 20 years   c. r = 3%; t = 10 years   d. r = 3%; t = 20 years

Compute the future value of a $135 cash flow for the following combinations of rates and times. (Do not round intermediate calculations. Round your answers to 2 decimal places.)   a. r = 7%; t = 10 years   b. r = 7%; t = 20 years   c. r = 3%; t = 10 years   d. r = 3%; t = 20 years

Essentials Of Investments
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
Section: Chapter Questions
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Compute the future value of a $135 cash flow for the following combinations of rates and times. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

 

a. r = 7%; t = 10 years

 

b. r = 7%; t = 20 years

 

c. r = 3%; t = 10 years

 

d. r = 3%; t = 20 years

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