The relevant interest rate (opportunity cost) is 7.4% per year (as an EAR). Find the FV at year 5 of the following strea

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The Relevant Interest Rate Opportunity Cost Is 7 4 Per Year As An Ear Find The Fv At Year 5 Of The Following Strea 1 (38.06 KiB) Viewed 65 times

The relevant interest rate (opportunity cost) is 7.4% per year (as an EAR). Find the FV at year 5 of the following stream of cash flows: $120 in 1 year, $134 in 2 years, $185 in 3 years, $148 in 4 years, and $163 in 5 years. $ Margin of error for correct responses: +/- $.10 Rounding and Formatting instructions: Do not enter a dollar sign or commas. Do not round any intermediate work, but round your *final* response to 2 decimal places (Example: if your answer is 1234.567, you should enter 1234.57).