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CII, Incorporated, invests $ 7 1 0 , 0 0 0 in a project expected to earn a 9 % annual rate of return. The
CII, Incorporated, invests $ in a project expected to earn a annual rate of return. The earnings will be reinvested in the project each year until the entire investment is liquidated years later. What will the cash proceeds be when the project is liquidated? PV of $ FV of $ PVA of $ and FVA of $
Note: Use appropriate factors from the tables provided. Round your FV of a single amount" to decimal places and final answer to the nearest whole dollar.
tablePresent Value,table of a SingleAmountFuture Value
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