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4.(20 points) Consider each of the following deposit cash flow series. What will the final balance be (e.g., future equivalent value) after the final
4.(20 points) Consider each of the following deposit cash flow series. What will the final balance be (e.g., future equivalent value) after the final deposit? Assume the account earns 10% interest compounded annually. a) Year 0 12 3 Cash Flow/$ 25 50 75 100 125 150 3 Year 012 Cash Flow/S 35 60 75 110 135 160 (Hint: notice the difference between the cash flow in (b) and (a)) Method: Factor and Excel. Turn in both solutions b)
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Cornerstones Of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
3rd Edition
9781305147102, 1285751787, 1305147103, 978-1285751788
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