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Claire runs a side consulting business that projects healthy cash flow. She wants to pursue a graduate degree and it will affect her cash flow
Claire runs a side consulting business that projects healthy cash flow. She wants to pursue a graduate degree and it will affect her cash flow for 2 years, while she is in school full time. Her projections for cash flow are as follows: End of year 1:$65,000, End of year 2:$70,000, End of years 3 and 4:$0 each, End of year 5$84,000, End of year 6$90,000. If she invests these cash flows at an annual rate of 3%, how much will she have at the end of year 6
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