An investment will pay $394 two years from now, $934 four years from now, and $1,244 five

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An investment will pay $394 two years from now, $934 four years from now, and $1,244 five years from now. You are going to reinvest these cash flows at a rate of 12.65 percent per year.

What is the future value of this investment at the end of year five?

Related Book For answer-question

Financial Accounting and Reporting a Global Perspective

ISBN: 978-1408076866

4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

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Posted Date: Jul 10, 2023 06:40 AM

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An investment will pay $394 two years from now, $934 four years from now, and $1,244 five

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Financial Accounting and Reporting a Global Perspective

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