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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? begin{tabular}{cc} Year & Cash Flow
Assuming an interest rate of 5.3 percent, what is the value of the following cash flows four years from today? \begin{tabular}{cc} Year & Cash Flow \\ 1 & $2,975 \\ 2 & 4,020 \\ 3 & 5,860 \\ 4 & 7,945 \\ \hline \end{tabular}
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