Question

You have decided to invest for 20 years. You start with $200 a year and plan to increase that amount every three years by an additional $100 a year with the first increase occurring 4. You create a multiple annuity future value time line. What cash flows wll appear at Year 7 on the annuity time line? Click the answer you think is right one cash outflow of-$400. Year 7 will have three cash flows in the amounts of $200, $100, and $100. Year 7 will have one cash outflow of -$100. Year 7 will have two cash flows in the amounts of $200 and $100.​

Answer 1

Answer:

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