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At 6% per time unit, find the future value at time 8 of payments of size 3 payable from time 1 to time 5 inclusive.
At 6% per time unit, find the future value at time 8 of payments of size 3 payable from time 1 to time 5 inclusive. Answer this question by, first, drawing a cash flow diagram, then writing down the equation of value, and then solving it
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