Question
What is the future value of the following set of cash flows four years from now? Assume an interest rate of 5.5%. Cash Flow year
What is the future value of the following set of cash flows four years from now? Assume an interest rate of 5.5%.
Cash Flow
year 1 -$800
year2 $100
year 3 $300
year 4 $500
year5 $700
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