Question
Lucy Anders wishes to save $700 at the end of each year for the first four years. At the end of each of the fifth
Lucy Anders wishes to save $700 at the end of each year for the first four years. At the
end of each of the fifth ,sixth, and seventh years, she wishes to save $625. Find the future
value of this cash flow at the end of the seventh year if the interest rate is 4.7% compounded
annually.
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Private Equity Mathematics
Authors: Oliver Gottschalg
1st Edition
1908783508, 9781908783509
