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You will invest $5,000 in year 1, $7,000 in year 2, nothing ($0) in year 3, you will withdrawal -$4,000 in year 4 and will
You will invest $5,000 in year 1, $7,000 in year 2, nothing ($0) in year 3, you will withdrawal -$4,000 in year 4 and will then, in year 5, invest $$8,000 per year for an additional 21 years. Assuming a discount rate of 6%, what is the value of this stream of cash flows today?
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