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Could you explain in detail please Determine the future value at the end of year 6 of the cash flows in the table below. The
Could you explain in detail please
Determine the future value at the end of year 6 of the cash flows in the table below. The periodic interest rate is 9.8% compounded yearly. The cash flows are made at the end of each year. Factors should be rounded to at least four decimal places for accuracy. Selected Answer: 48,373.58 Correct Answer: 371,457.961%Step by Step Solution
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