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Blue Whale Inc., has identified an investment project with the following cash flows. If the discount rate is 8 percent, what is the future value

Blue Whale Inc., has identified an investment project with the following cash flows. If the discount rate is 8 percent, what is the future value of these cash flows in Year 5 years?

Year

Cashflow

0

500

1

400

2

0

3

800

a. $1897

b. $1525

c. $1703

d. $2001

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