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Assuming an interest rate of 5.3 percent, what is the value of the following cash flows four years from today? Year Cash Flow 1 $

Assuming an interest rate of 5.3 percent, what is the value of the following cash flows four years from today?

Year Cash Flow
1 $ 2,975
2 4,020
3 5,860
4 7,945

$21,164.67

$22,046.53

$22,965.69

$22,467.62

$23,463.76

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