Different cash flow.  Given the following cash inflow at the end of each​ year, what is the future value of this cash flow at 7%​, 10%​, and 16​% interest rates at the end of year​ 7?   Year​ 1: ​$13,000   Year​ 2:       ​$22,000 Year​ 3: ​$30,000 Years 4 through​ 6: ​$0 Year​ 7: ​$120,000 What is the future value of this cash flow at 7​% interest rate at the end of year​ 7?   ​$nothing   ​(Round to the nearest​ cent.)

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 29P
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Different cash flow.  Given the following cash inflow at the end of each​ year, what is the future value of this cash flow at
7%​,
10%​,
and
16​%
interest rates at the end of year​ 7?
 
Year​ 1:
​$13,000
 
Year​ 2:      
​$22,000
Year​ 3:
​$30,000
Years 4 through​ 6:
​$0
Year​ 7:
​$120,000
What is the future value of this cash flow at
7​%
interest rate at the end of year​ 7?
 
​$nothing  
​(Round to the nearest​ cent.)
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