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An investment will pay $487 two years from now, $787 four years from now, and $1,494 five years from now. You are going to reinvest
An investment will pay $487 two years from now, $787 four years from now, and $1,494 five years from now. You are going to reinvest these cash flows at a rate of 8.49% per year. What is the future value of this investment at the end of year 5?
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