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Given the following cash inflow at the end of each year, what is the future value of this cash flow at 7%,10%, and 16% interest
Given the following cash inflow at the end of each year, what is the future value of this cash flow at 7%,10%, and 16% interest rates at the end of year 7? What is the future value of this cash flow at 7%
Year Cash Inflow 1 15,000 2 22,000 3 32,000 4 0 5 0 6 0 7 160,000
a) What is the future value of this cash flow at 7% interest rate at the end of year 7?
b) What is the future value of this cash flow at a 10% interest rate at the end of year 7?
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