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What is the future value (in $) of cash flows 1-3 at the end of year 3, assuming a 5% interest rate (compounded annually)? End
What is the future value (in $) of cash flows 1-3 at the end of year 3, assuming a 5% interest rate (compounded annually)?
End of year | Cash flow |
1 | $515 |
2 | 890 |
3 | 680 |
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