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Economics

Calculate the future value at the end of twenty-five years of the following cash flows (CF's) if the rate of interest is 4.7-percent compounded annually:

(i) Eight consecutive CF's of $346 at one year intervals beginning at the end of year 4 (t = 4) and

(ii) Fourteen consecutive CF's of $488 at one year intervals beginning at the end of year twelve (t = 12).

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91726975

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