Compute the future value of a $95 cash flow for the following combinations of rates and times. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. r = 7%; t = 10 years r = 7%; t = 20 years r = 3%; t = 10 years r = 3%; t = 20 years

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter4: Time Value Of Money
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Compute the future value of a $95 cash flow for the following combinations
of rates and times. Note: Do not round intermediate calculations. Round your
answers to 2 decimal places. r = 7%; t = 10 years r = 7%; t = 20 years r = 3%; t
= 10 years r = 3%; t = 20 years
Transcribed Image Text:Compute the future value of a $95 cash flow for the following combinations of rates and times. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. r = 7%; t = 10 years r = 7%; t = 20 years r = 3%; t = 10 years r = 3%; t = 20 years
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