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You have just received an award that will give you $ 1 0 , 0 0 0 at the end of the year, $ 2
You have just received an award that will give you $ at the end of the year, $ at the end of the next year, and $ at the end of the following year three years from today Assume the appropriate interest rate is What is the future value of this award in years on the date of the last payment? Select the answer that is closest to the correct answer.
$ was the correct answer but as review I am not sure how they came up with that
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