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John planned to make 3 investments over a five-year period. $1,000 saved at the end of the 1st year and $2000 at the end of
John planned to make 3 investments over a five-year period. $1,000 saved at the end of the 1st year and $2000 at the end of the 2nd year, and no investment in the 3rd year. Also a $5,000 expense came at the end of the fourth year. Office starts at the end of the 5th year. 4% interest per year (compounding annually), draw the cash flow diagram for the 5 years assuming he wants to withdraw funds at the end of the year. Also, find the future value of investments at the end of the 5th year
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