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An investment offers the following cash flows: $417 today, $217 one year from now, $293 in 2 years, and $620 in 3 years. If the
An investment offers the following cash flows: $417 today, $217 one year from now, $293 in 2 years, and $620 in 3 years. If the relevant interest rate is 4% per year (an APR, with interest compounded annually), the value of the investment 3 years from today (immediately after the cash flow at "year 3 " occurs) is \$ Margin of error for correct responses: +/- .10 Rounding and Formatting instructions: Do not enter dollar signs, percent signs, commas, X, or any words in your response. Do not round any intermediate work, but round your *final* response to 2 decimal places (example: if your answer is 12.3456,12.3456%, or $12.3456, you should enter 12.35 )
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