Question: his set of problems is designed to be calculated using the Excel or financial calculator. Do not use financial tables to calculate these problems. You

his set of problems is designed to be calculated using theExcel or financial calculator.Do not use financial tables to calculate these problems.

You have just purchased an investment that generates the cash flows shown below for the next four years. You are able reinvest these cash flows at 13.22 percent, compounded annually. How much is this investment worth at the end of year four?

End of year

$213
$1,184
$630
$216

Round the answer to two decimal places.

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