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Compute the future value of a $120 cash flow for the following combinations of rates and times. (Do not round intermediate calculations. Round your answers
Compute the future value of a $120 cash flow for the following combinations of rates and times. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
a. r = 8%; t = 10 years
b. r = 8%; t = 20 years
c. r = 4%; t = 10 years
d. r = 4%; t = 20 years
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