Question: What is the total future value four years from now of the following set of cash flows? Year 1 Year 2 Year 3 Year 4

What is the total future value four years from now of the following set of cash flows?

Year 1 Year 2 Year 3 Year 4

$500 -$500 $500 -$500

Assume an interest rate of 3.25%.

Show all the steps. Do not round.

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