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10. The cash flows for a bank account are described by the discrete CFD in Figure. The bank account has an effective annual interest rate
10. The cash flows for a bank account are described by the discrete CFD in Figure. The bank account has an effective annual interest rate of 4.5%. a. Calculate the future value of all cash flows after 15 years. b. Calculate the future value of all cash flows after 25 years assuming that there are no more transactions after year 15
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