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You have been offered the opportunity to invest in a project that will pay $2,288 per year at the end of years one through three and $8,537 per year at the end of years four and five. These cash flows will be placed in a saving account that pays 9.03 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.:- M92790672

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