Determine how much is investment worth at end of year four

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Problem 1: Your cleint just purchased an investment that generates the cash flows shown below for the next four years. He is able to reinvest these cash flows at 11.54 percent, compounded annually. How much is this investment worth at the end of year four?

End of year

Option 1: $264
Option 2: $837
Option 3: $407
Option 4: $286

Reference no: EM133003786

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