Math question Help Needed

Accounting
Tutor: None Selected Time limit: 1 Day

What is the future value of the following cash flows in year 5 with an interest rate of 6%?

Year 1 Cash Flow $200, Year 2 Cash Flow $400, Year 3 Cash Flow $600, Year 4 Cash Flow $800, Year 5= $1000

Jun 10th, 2015

Thank you for the opportunity to help you with your question!

future value is calculated by 200[ 1.06]^1+400[1.06]^2+ 600[1.06]^3 +800[1.06]^4+ 1000[1.06]^5


Please let me know if you need any clarification. I'm always happy to answer your questions.
Jun 10th, 2015

So what is the answer?

Jun 10th, 2015
What is the future value of the following cash flows in year 5 with an interest rate of 6%?


Jun 10th, 2015

just a minute i calculate

Jun 10th, 2015

Okay and thank you

Jun 10th, 2015

you calculate yet?

Jun 10th, 2015

212+44944+71460.9+100800+133560

=350977

Jun 10th, 2015

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