Question: Consider the cash flows presented in the table below. What is the value of the cash flows in year 5 if the interest rate is
Consider the cash flows presented in the table below. What is the value of the cash flows in year 5 if the interest rate is 7 percent compounded annually?
Year Cash Flow
1 12,000
2 8,500
3 11,000
4 7,000
5 3,000
Using excel !!
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