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Future Value with Multiple Cash Flows. You plan to make a series of deposits in an interest-bearing account. You will deposit $1,000 today, $2,000 in
Future Value with Multiple Cash Flows. You plan to make a series of deposits in an interest-bearing account. You will deposit $1,000 today, $2,000 in 2 years, and $8,000 in 5 years. If you withdraw $3,000 in 3 years and $5,000 in 7 years, how much will you have after 8 years if the interest rate is 9 percent? What is the present value of these cash flows? NOTE (see problem 3). NOTE: Make sure to show all your math.
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