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Suppose you will receive $3,000 three years from today (at the end of the third year) and $5,000 five years from today (at the end

Suppose you will receive $3,000 three years from today (at the end of the third year) and $5,000 five years from today (at the end of the fifth year). What is the future value of this stream of cash flows (at the end of the fifth year) when the interest rate is 10% per year (compounded annually)?

  • A. $5,385
  • B. $8,499
  • C. $8,630
  • D. $8,993
  • E. $9,279

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