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What is the future value of investment at the end of year

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Problem 1: An investment will pay $215 two years from now, $987 four years from now, and $1,840 five years from now. Your client is going to reinvest these cash flows at a rate of 9.93 percent per year. What is the future value of this investment at the end of year five?

Reference no: EM132956287

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