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attached the question 21. Determine the future value at the end of August for the cash flows in Table 15-5 using a periodic interest rate
attached the question
21. Determine the future value at the end of August for the cash flows in Table 15-5 using a periodic interest rate of 1% compounded monthly. These cash flows occur at the end of the respective months. Table 15-5 Cash Flows for Problem 21 Month April May June Amount ($) 15,000 25,000 21,000 July 15,000 Step by Step Solution
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