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CII, Incorporated, Invests $640,000 in a project expected to eam a 12% annual rate of return. The eamings will be reinvested in the project

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CII, Incorporated, Invests $640,000 in a project expected to eam a 12% annual rate of return. The eamings will be reinvested in the project each year until the entire investment is liquidated 11 years later. What will the cash proceeds be when the project is liquidated? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your "FV of a single amount" to 4 decimal places and final answer to the nearest whole dollar.) Present Value ((FV of a Single Amount) $ 640,000 Future Value

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