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You have been offered the opportunity to invest in a venture? that will pay $4464 per year at the end of years one through three and $5494 per year at the end of years four and five. These cash flows will be placed in a savings account that will pay 15.28 percent per year. What is the future value of this cash flow pattern at the end of year five?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91697770

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