Given the cash flows below and an interest rate of 3.4%, solve for the FV. Round to the nearest two decimal places. Period NCF $0.00 $200.00 $204.00 $208.08 $212.24 $216.49 $220.82 $225.23 $229.74 0 1 2 3 4 5 6 7 8

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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Given the cash flows below and an interest rate of 3.4%, solve for the FV. Round to the nearest two decimal places.
Period
10
1
2
13
4
5
6
7
18
NCF
$0.00
$200.00
$204.00
$208.08
$212.24
$216.49
$220.82
$225.23
$229.74
Transcribed Image Text:Given the cash flows below and an interest rate of 3.4%, solve for the FV. Round to the nearest two decimal places. Period 10 1 2 13 4 5 6 7 18 NCF $0.00 $200.00 $204.00 $208.08 $212.24 $216.49 $220.82 $225.23 $229.74
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