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The value of the following cash flows four years from today is $6,911.44. The interest rate is 3.7 percent. What is the value of the
The value of the following cash flows four years from today is $6,911.44. The interest rate is 3.7 percent. What is the value of the Year 3 cash flow?
| Year | Cash Flow | |||
| 1 | $ | 1,420 | ||
| 2 | 1,532 | |||
| 3 | ? | |||
| 4 | 2,490 | |||
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Finance Plain And Simple
Authors: Sebastian Nokes
1st Edition
0273731297, 978-0273731290
