If you could reinvest the cash flow stream of $238, $655, $478, $1,283, $1,237, $1,021, $782,...
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If you could reinvest the cash flow stream of $238, $655, $478, $1,283, $1,237, $1,021, $782, and $1,017 at 9.8% interest, how much will you have from this investment in 8 years? (In other words, what is the future value of this stream of cash flows?) Note that the cash flows are not necessarily the same as the previous problem's cash flows. The cash flow stream starts in one year; so, the last cash flow is 8 years from now. Round to the nearest cent. If you could reinvest the cash flow stream of $238, $655, $478, $1,283, $1,237, $1,021, $782, and $1,017 at 9.8% interest, how much will you have from this investment in 8 years? (In other words, what is the future value of this stream of cash flows?) Note that the cash flows are not necessarily the same as the previous problem's cash flows. The cash flow stream starts in one year; so, the last cash flow is 8 years from now. Round to the nearest cent.
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Related Book For
Fundamentals of Financial Management
ISBN: 978-1337395250
15th edition
Authors: Eugene F. Brigham, Joel F. Houston
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