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Question 6 An investment will pay you $500 at the end of each of the next 2 years, $400 at the end of year 3,

Question 6

An investment will pay you $500 at the end of each of the next 2 years, $400 at the end of year 3, $300 at the end of year 4, and $150 at the end of year 5. If other investments of equal risk earn 6.5% annually, what is the future value of the investment? Use excel TVM functions to solve.

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