Question: Mark wants to upgrade his computer system and expects that will increase his sales. he estimates the following CFs over the next 4 years: Year
Mark wants to upgrade his computer system and expects that will increase his sales. he estimates the following CFs over the next 4 years:
Year 1: $10,000; Year 2: 12,000; Year 3: $15,000; Year 4: $20,000.
If he hopes to get 10% return on his investment, what will he have at the end of 4 years?
Please include explanation.
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