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Troy will receive $8,000 at the end of Year 2. At the end of the following two years, he will receive $8,500 and $13,500, respectively.

Troy will receive $8,000 at the end of Year 2. At the end of the following two years, he will receive $8,500 and $13,500, respectively. What is the future value of these cash flows at the end of Year 5 if the interest rate is 8 percent?

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