Business, 07.07.2020 19:01 mariahbrooks

You have decided to save $500 a year for the next five years and then increase that amount to $700 a year for the following five years. Which one of these correctly reflects a multiple annuity time line for the future value of your savings?A. The time line will have a $500 cash flow for Years 1-5 and a $700 cash flow for Years 6 - 10. B. The time line will have a -$700 cash flow for Years 1 - 5 and a $500 cash flow for Years 6-10. C. The time line will have a $500 cash flow for Years 1 - 10 and an additional $200, cash flow for Years 6 - 10. D. The time line will have a -$500 cash flow for Years 1 - 10 and an additional -$200 cash flow for Years 6 - 10.

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