[Solved] What is the value in year 9 of a $ 1 , 6

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What is the value in year 9 of a $ 1 , 6 0 0 cash flow made in year 6 if interest rates are

What is the value in year

9

of a $

1, 600

cash flow made in year

6

if interest rates are

9

percent?

(

Do not round intermediate calculations. Round your answer to

2

decimal places.

)

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