What is the future worth (in year 10), of the following: with an interest rate of 10%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 2QTD
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4) What is the future worth (in year 10), of the following: with an interest rate of 10%
Year Income
Expense
0
1-7
8
2500
1600
11000
1500
1200
7200
Transcribed Image Text:4) What is the future worth (in year 10), of the following: with an interest rate of 10% Year Income Expense 0 1-7 8 2500 1600 11000 1500 1200 7200
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