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Suppose that you will invest $5,000 at the end of year 1, $5,500 at the end of year 2, $4,200 at the end of year
Suppose that you will invest $5,000 at the end of year 1, $5,500 at the end of year 2, $4,200 at the end of year 4 and $4,800 at the end of year 5. And somehow you know that the future value for the whole cash stream is $25,598.13. At a 6% annual interest rate, the cash flow invested at the end of year 3 will be Select one: O a. $3,700 O b. $3,100 O c. $3,300 d. $3,500 e. $3,900
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