For the cash flows shown, calculate the future worth in year 9 using i = 10% per year.


First find P in year 0 and then move to year 9

P = 200 + 200(P/A,10%,3) + 300(P/A,10%,3)(P/F,10%,3)
= 200 + 200(2.4869) + 300(2.4869)(0.7513)
= $1257.90

F = 1257.90(F/P,10%,9)
= 1257.90(2.3579)
= $2966

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