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Click on the following icon in order to copy its contents into a spreadsheet.) Year 1: $16,000 Year 2: $22,000 Year 3: $28,000 Years 4
Click on the following icon
in order to copy its contents into a spreadsheet.)
Year 1: | $16,000 |
Year 2: | $22,000 |
Year 3: | $28,000 |
Years 4 through 6: | $0 |
Year 7: | $120,000 |
Different cash flow.Given the following cash inflow at the end of each year,
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, what is the future value of this cash flow at
5%,
11%,
and
14%
interest rates at the end of year 7?
What is the future value of this cash flow at
5%
interest rate at the end of year 7?
$nothing
(Round to the nearest cent.)
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