Compounding with different interest rates-moving cash flows

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1. Compounding with Different Interest Rates A deposit of $360 earns interest rates of 7.6 percent in the first year and 10.6 percent in the second year. What would be the second year future value?

$769.28

$425.52

$785.52

$428.42

2. Moving Cash Flows What is the value in year 14 of a $900 cash flow made in year 5 when the interest rates are 9 percent?

$269.32

$3,007.55

$1,954.70

$1,629.00

Reference no: EM131955899

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