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QUESTION 3 In 4 years, you will receive $4,000. One year after that, you will receive the first of 10 annual cash flows of
QUESTION 3 In 4 years, you will receive $4,000. One year after that, you will receive the first of 10 annual cash flows of $8,000 each. If you deposit these cash flows in an account earning 3.4%, how much will you have in 21 years from today? Round to the nearest whole dollar.
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