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Find the future value of the following stream of cash flows at the end of year 3, assuming that the firm's required return is 10.5
Find the future value of the following stream of cash flows at the end of year 3, assuming that the firm's required return is 10.5 percent and cash flows are paid at year-end. Draw a timeline to help determine the number of period each cash flow will compound until year 3. Year Amount 1 $10,000 2 $35,000 3 $24,000
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