Calculate the approximate future value

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Reference no: EM131915138

1. On the Balance Sheet, the Source of Funds is the ____ and the Use of Funds is the _____.

Assets; Liabilities & Equity

Assets; Net Income

Liabilities & Equity; Assets

Liabilitiesww & Equity; EBIT

none of the above

2. Calculate the approximate future value (FV) at the end of year 4 for the following beginning of year payments: Year 1 = $1,000; Year 3 = $2,000; Year 4 = $3,000. The annual interest rate is 6%.

$4,998.92

$5,617.38

$6,311.02

$6,000.00

none of the above

Reference no: EM131915138

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