Draw the cash flow for this scenario

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Question - Mr. Kamran had some savings that he placed in a bank account ten years ago. He earned an amount of $2, 968,000 from an initial investment. The investment plan he chose was such that it earned an interest of 6.5% for the first three years, 4.5% for the next two years, 7.4% for the next four years and 8% for last/tenth year. He also made a withdrawal of Rs. 85,25,000 at year 5. Draw the cash flow for this scenario and evaluate the initial investment that Mr. Kamran had made.

Reference no: EM132836282

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