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Question: How much is the value of an investment fund in 20 years with the following cash flow:

Year 1: Cash investment of $100,000, gaining interest at 7% for 20 years

Year 5: Cash Investment of $100,000, gaining interest at 6% for 15 years

Year 10: Cash Investment of $100,000, gaining interest at 5% for 10 years

Year 10 to 20: Withdraw $40,000 a year for 10 years at 5% interest rate.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M92842858

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