Thanh-Mi will receive $7,500 at the end of Year 2, $9,000 at…
Thanh-Mi will receive $7,500 at the end of Year 2, $9,000 at the end of Year 3, and $12,500 at the end of Year 4. What is the future value of these cash flows at the end of Year 6 if the interest rate is 8 percent?