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Assume that $100 is received at the beginning of year 1, and that $200 is received at the beginning of year 2, and that $300
Assume that $100 is received at the beginning of year 1, and that $200 is received at the beginning of year 2, and that $300 is received at the beginning of year 3. If these cash flows are deposited at 12 percent, their combined future value at the end of year 3 is ________.of year 3 is ________.
A) $1,536
B) $ 672
C) $ 727
D) $1,245
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