1 moving cash flows what is the value in year 15 of a 600, Ask an Expert

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1. Moving Cash Flows What is the value in year 15 of a $600 cash flow made in year 3 when the interest rates are 4.0 percent?

A) $1,080.57

B) $888.00

C) $960.62

D) $674.92

2. Interest-on-Interest Consider a $3,300 deposit earning 9 percent interest per year for 8 years. How much total interest is earned on the original deposit (excluding interest earned on interest)?

A) $899.00

B) $3,275.00

C) $237.60

D) $2,376.00

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92171951

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