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What is the future value at end of year twenty of cash flow

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Reference no: EM132891312

Question 1: You are presented with an investment opportunity that will give you the following stream of cash flows: nothing for the next 4 years; starting at the following year, an amount of $3,000 per year until year 10; and after that year, then an amount of $9,000 per year until year 20. If your required rate of return (APR) is 8% compounded annually, what is the future value at end of year 20 of these cash flows?

Reference no: EM132891312

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