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John Keene recently invested $2,566.70 in a project that is promising to return 12 percent per year. The cash flows are expected to be as follows:

End of
Year

Cash
Flow

1

$325

2

$400

3

$550

4

??

5

$750

6

$800

What is the cash flow at the end of the 4th year?

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9878008

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