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Given the following data and an interest rate of 7.0% Year Amount 1 $3,700 2 $4,200 3 $6,900 4 $9,700 Find the present value of

Given the following data and an interest rate of 7.0%

Year Amount

1 $3,700

2 $4,200

3 $6,900

4 $9,700

Find the present value of the cash flows

Find the future value of the cash flows in year 4

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