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An investment will pay you a cash flow at the end of year 1 of $100, a cash flow at the end of year 2
An investment will pay you a cash flow at the end of year 1 of $100, a cash flow at the end of year 2 of $120 and a cash flow at the end of year 3 of $160. You will deposit the cash flows into account that pays a return of 5% per year. How much will you have in the account at the end of the three-year period? (Show work)
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