$100 is received at the beginning of year 1, $200 is received at the beginning of year 2, and $300 is received at the beginning of year 3. If these cash flows are deposited at 12 percent, their combined future value at the end of year 3 is ________

A) $1,536
B) $ 672
C) $ 727
D) $1,245

C

Business

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The management of Raleigh Bicycles observes that the company's selling costs are affected by the increased number of visits that the salespeople make to meet dealers

The company decides to reduce its personal selling costs by making sales calls to dealers via the telephone. This marketing strategy used by Raleigh is an example of ________. A) inbound telemarketing B) search marketing C) internal marketing D) outbound telemarketing E) paid-search marketing

Business

The greatest risk associated with treating shared activities as profit centers is that divisions may choose to obtain no services from the shared activities

Indicate whether the statement is true or false

Business