Question
Pharoah, Inc., management expects the company to earn cash flows of $12,500, $15,900, $18,200, and $19,100 over the next four years. If the company uses
Pharoah, Inc., management expects the company to earn cash flows of $12,500, $15,900, $18,200, and $19,100 over the next four years. If the company uses an 9percent discount rate, what is the future value of these cash flows at the end of year 4?
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
