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Compute the future value of annual payments of $100, paid for 5 years, with an interest rate of 8% (compounded). Equation 4.17: FV n =CF1(1+

Compute the future value of annual payments of $100, paid for 5 years, with an interest rate of 8% (compounded).

Equation 4.17:

FVn=CF1(1+r)N1+CF2(1+r)N2+CF3(1+r)N3+CF4(1+r)N4

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