Question: Question 15 (CHAPTER 6) The Present Value of all four of the following future cash flows is $2,000 when discounted at 5% annually. 1 year

Question 15 (CHAPTER 6) The Present Value of all four of

Question 15 (CHAPTER 6) The Present Value of all four of the following future cash flows is $2,000 when discounted at 5% annually. 1 year in the future 2 years in the future 3 years in the future 4 years in the future $600 ????????? $600 $700 What is the dollar amount of the missing future cash flow? (Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to two decimal places: for example, 1,000.23. Do NOT use "$" in your answer.)

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