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Today you have decided to elaborate a plan for your personal finances. You expect the following end of the year cash flows: an expense of
Today you have decided to elaborate a plan for your personal finances. You expect the following end of the year cash flows: an expense of dollars two years from now, both a receivable of and an expense of dollars four years from now, and an expense of dollars six years from now. How much money do you need to deposit today in order to honor these future financial obligations if your savings account yields per year? Only a single deposit today is allowed; no other option available. note: round your answer to the nearest cent, and do not include spaces, currency signs, plus or minus signs, or commas
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