In the following cash flows diagram, Determine the Future Worth at the end of year 12 if the interest rate is 6% ? $150 $150 $200 $200 $100 $100 0 12 3 4 5 Years a. $1,532.6 O b. $1,286.8 Oc. $1,364 Od. $1,445.8 Clear my choice A

Brief Principles of Macroeconomics (MindTap Course List)
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ISBN:9781337091985
Author:N. Gregory Mankiw
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Chapter9: The Basic Tools Of Finance
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Economics
In the following cash flows diagram, Determine the Future Worth at the end of year 12 if the interest rate is 6% ?
$200 $200
$150 $150
$100 $100
1 2
3
4
Years
O a. $1,532.6
O b. $1,286.8
Oc $1,364
O d. $1,4458
Clear my choice
Transcribed Image Text:Economics In the following cash flows diagram, Determine the Future Worth at the end of year 12 if the interest rate is 6% ? $200 $200 $150 $150 $100 $100 1 2 3 4 Years O a. $1,532.6 O b. $1,286.8 Oc $1,364 O d. $1,4458 Clear my choice
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