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Return to questionItem 5 FV of Uneven Cash Flows You're evaluating an investment in a small property. The existing building is in good shape and

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FV of Uneven Cash Flows
You're evaluating an investment in a small property. The existing building is in good shape and is occupied by a tenant with a four-year lease. The annual lease payments are included below. Say you buy the property. And you intend to invest the annual lease income at the end of each year at 10.5%. What should the balance in your account be at the end of Year 4?
Year 1 $15,000
Year 2 $18,000
Year 3 $21,000
Year 4 $25,000

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