What is the future value of the given cash flow pattern

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Reference no: EM132022958

Question: You have been offered the opportunity to invest in a business endeavor that will pay $5429 per year at the end of years one through three and $5805 per year at the end of years four and five. These cash flows will be placed in a savings account that will pay 11.96 percent per year. What is the future value of this cash flow pattern at the end of year five? Round the answer to two decimal places.

Reference no: EM132022958

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