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The Present Value of all four of the following future cash flows is $2,000 when discounted at 4 percent annually. 1 year in the future
The Present Value of all four of the following future cash flows is $2,000 when discounted at 4 percent annually.
1 year in the future | $600 | |
2 years in the future | $600 | |
3 years in the future | $? | |
4 years in the future | $700 |
What is the dollar amount of the missing future cash flow?
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