For the cash flows shown, calculate the future worth in year 13 using i = 12% per year. Year 0 1 2 3 4 5 6 Cash flow, $ 200 200 200 200 300 300 300 The future worth is calculated to be $ ____.
For the cash flows shown, calculate the future worth in year 13 using i = 12% per year. Year 0 1 2 3 4 5 6 Cash flow, $ 200 200 200 200 300 300 300 The future worth is calculated to be $ ____.
Chapter14: Security Structures And Determining Enterprise Values
Section: Chapter Questions
Problem 1eM
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For the cash flows shown, calculate the future worth in year 13 using i = 12% per year.
Year | 0 | 1 | 2 | 3 | 4 | 5 | 6 |
Cash flow, $ | 200 | 200 | 200 | 200 | 300 | 300 | 300 |
The future worth is calculated to be $ ____.
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