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Richard Miller has an investment that will pay him the following cash flows over the next five years: $2,370, $2,660, $3,010, $3,380, and $3,680.
Richard Miller has an investment that will pay him the following cash flows over the next five years: $2,370, $2,660, $3,010, $3,380, and $3,680. If his investments typically earn 8.10 percent, what is the future value of the investment's cash flows at the end of five years? (Do not round factor values. Round answer to 2 deciml places, eg. 12,225.21.) Future value $
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Introduction To Derivatives And Risk Management
Authors: Don M. Chance, Robert Brooks
10th Edition
130510496X, 978-1305104969
