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Updated the question (Better picture) Question 16 Based on the following cash flow diagram, calculate the equivalent future value at t=8. Interest rate is at
Updated the question (Better picture)
Question 16 Based on the following cash flow diagram, calculate the equivalent future value at t=8. Interest rate is at 6% compounded annually. Fg=? $1000 $800 $600 $400 $200 Year 0 1 2 3 4 5 6 7 8 9 6,819.965 7,978.963 3,773.978 4,932.976 3,947.759Step by Step Solution
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