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Given the following cash flows, what is the future value at year ten when compounded at an interest rate of 15.0%? year 0 1 5
Given the following cash flows, what is the future value at year ten when compounded at an interest rate of 15.0%?
year | 0 | 1 | 5 | 10 |
cash flow | $4000 | $3000 | $2000 | $1000 |
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