Question: For the cash flows shown below, determine the future value at the end of four years, using an interest rate of 6% per year, compounded

For the cash flows shown below, determine the future value at

For the cash flows shown below, determine the future value at the end of four years, using an interest rate of 6% per year, compounded monthly. Assume the monthly deposits are at the beginning of each month. Cash Flovw $5,000 $500 Months (time) 1-14 15-30 $1,000 $1,500 31-47

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