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Consider a geometric series of cash flows that begins at time 5 with a cash flow of $ 5 , 0 0 0 . Cash

Consider a geometric series of cash flows that begins at time 5 with a cash flow of $5,000. Cash flows in this series will decrease by 7% each period. There are a total of nine cash flows in this series. What is the future equivalent of this cash flow series at time =20 if the interest rate is 10% per period?

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