How much would john accumulate at the end

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Reference no: EM132513315

John Travolta plans to invest the following cash flows at the beginning of each year:

Year Cash Flow

2019 $30 000

2020 $40 000

2021 $60 000

2022 $90 000

2023 $20 000

Question 1: How much would John accumulate at the end of 2023 if the interest rate is compounded annually at an interest rate of 9.8%?

Reference no: EM132513315

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