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You will receive the following cash flows: $1,252 in one year, $820 in two years, $450 in three years and $616 in four years. As
You will receive the following cash flows: $1,252 in one year, $820 in two years, $450 in three years and $616 in four years. As soon as you receive a cash flow, you deposit it into an account paying 6 percent interest. What will be your account balance in four years? Hint: You have to calculate the future value of these cash flows in four years ( F V 4 ). Do not round intermediate calculations. Round your final answer to the nearest dollar
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