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Assume that the discount rate is 11 percent and you are given the following stream of cash flows: Year Cash Flow 1 $10,000 2 $7,000

Assume that the discount rate is 11 percent and you are given the following stream of cash flows: Year Cash Flow 1 $10,000 2 $7,000 3 $10,500 4 $15,000 5 $1,300 If payments are made at the end of each period, what is the future value of these cash flows in Year 5? a. $49,067 b. $55,641 c. $76,678 d. $102,847 e. $67,679

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