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You are presented with an investment opportunity that will give you the following stream of cash flows: nothing for the next 3 years; starting at
You are presented with an investment opportunity that will give you the following stream of cash flows: nothing for the next years; starting at the following year, an amount of $ per year until year ; and after that year, then an amount of $ per year until year If your required rate of return APR is compounded annually, what is the future value at end of year of these cash flows?
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