Question
You have been offered the opportunity to invest in a project that will pay $3,515 per year at the end of years one through three
You have been offered the opportunity to invest in a project that will pay $3,515 per year at the end of years one through three and $8,208 per year at the end of years four and five. These cash flows will be placed in a saving account that pays 14.16 percent per year. What is the future value of this cash flow pattern at the end of year five?
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International Finance Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
10th edition
978-0133425895, 133425894, 978-0133423631, 133423638, 978-0133423648
