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please answer case B P5-4 Future values For each of the cases shown in the following table, calculate the fu- ture value of the single
please answer case B
P5-4 Future values For each of the cases shown in the following table, calculate the fu- ture value of the single cash flow deposited today at the end of the deposit period if the interest is compounded annually at the rate specified. Interest rate 5% 8 Case A B D E F Single cash flow $ 200 4,500 10,000 25,000 37,000 40,000 Deposit period (years) 20 7 10 12 9 10 11 12 5 Step by Step Solution
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