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Shrell industry, a cabinet manufacturer, expects to receive the following mixed stream of cash flow over the next 5 years from one of its small
Shrell industry, a cabinet manufacturer, expects to receive the following mixed stream of cash flow over the next 5 years from one of its small customers. If the firm expects to earn at leats 8% on its investments, how much will it accumulate by the end of year 5 if it immediately invests these cash flows when they are received? ($49891 was a wrong answer)
How to solve it on a financial calculator like in the picture below?
$49,891 $79,171 $73,306 $62,400
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