Question: Consider the cash flows presented in the table below. What is the value of the cash flows in year 4 if the interest rate is

  1. Consider the cash flows presented in the table below. What is the value of the cash flows in year 4 if the interest rate is 8 percent compounded annually?

Year Cash Flow

1 3,000

2 2,000

3 4,000

4 5,000

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