Ravi Kumar B. answered • 09/01/22
Tutor
New to Wyzant
In Future value point of view
Cash flow made in year 4 = $ 3000
Interest rate = 8%
in year 12 means after 8 years = 3000*(1+0.08)^8 = $ 5552.79
Stormee S.
asked • 06/02/22What is the value in year 12 of a $3,000 cash flow made in year 4 if interest rates are 8 percent?
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