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A real estate investment has the following expected cash flows: Year Cash Flows 1 $13,900.00 2 $27,300.00 3 $41,500.00 4 $40,200.00 The discount rate is
A real estate investment has the following expected cash flows:
| Year | Cash Flows | |
|---|---|---|
| 1 | $13,900.00 | |
| 2 | $27,300.00 | |
| 3 | $41,500.00 | |
| 4 | $40,200.00 |
The discount rate is 7.00 percent. What is the investment's future value at the end of the fourth year?
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
