What is the value in year 13 of a $2,300 cash flow made in year 6 when the interest rates are 11 percent?

What is the value in year 13 of a $2,300 cash flow made in year 6 when the interest rates are 11 percent?

$4,775.17

PV = 2,300, N = (13 − 6) = 7, I = 11, PMT = 0, CPT

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now
FV = PV (1 + r )^n
FV = 2300*(1+11%)^7
FV = 4775.17