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Question: Toadies, Inc., has identified an investment project with the following cash flows.

Year Cash Flow

1 $1211

2 $1381

3 $1402

4 $1455

If the discount rate is 17.4 percent, what is the future value of the cash flows in year 4? (Round time value factors to 6 decimal places and final answer to the nearest dollar amount. Omit the "tiny_mce_markerquot; sign and commas in your response. For example, $123,456 should be entered as 123456.)

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92764910

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