What is the future value of investment five years

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Reference no: EM132652074

A particular investment generates the following cash flows:

$5000 at the end of one year from now;

$5000 at the end of year two;

$7000 at the end of year three;

$7000 at the end of year four;

$10000 at the end of year five.

What is the future value of this investment five years from now if the investor earns 7% per year on all funds invested?

Answer to the nearest dollar. Do not include decimal places, commas or dollar signs.

Do not round intermediary calculations. Use the full precision of your calculator or Excel.

Reference no: EM132652074

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