Meg Corp expects to receive $1000 per year for 20 years and $1500 per year for the

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Meg Corp expects to receive $1000 per year for 20 years and $1500 per year for the next 10 years. What is the future value of these 30 year cash flows if the rate of return is 12%?
Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...
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Macroeconomics Principles Applications And Tools

ISBN: 9780134089034

7th Edition

Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez

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