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Exam #1 Problem: Robert White will receive from his investment cash flows of $4,450, $4,775, and $5,125. If he can earn 7 percent on any

Exam #1 Problem:

Robert White will receive from his investment cash flows of $4,450, $4,775, and $5,125. If he can earn 7 percent on any investment that he makes, what is the future value of his investment cash flows at the end of three years? (Round to the nearest dollar.)

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