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Use the table of cash flows given below for problems 3and 4. Year Cash Flow 1 $1,075 2 $1,235 3 $1,510 4 $1,965 Find the

Use the table of cash flows given below for problems 3and 4.

Year	Cash Flow
1	$1,075
2	$1,235
3	$1,510
4	$1,965

Find the present value of the cash flows if the interest rate is 7%.

Find the future value of the cash flows in year 4 if the interest rate is 7%

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