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These cash flows will be placed in a saving account that

Finance: FV of mixed stream

Question

You have been offered the opportunity to invest in a project that will pay $5,701 per year at the end of years one through three and $8,632 per year at the end of years four and five. These cash flows will be placed in a saving account that pays 6.16 percent per year. What is the future value of this cash flow pattern at the end of year five?

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Finance Basics: These cash flows will be placed in a saving account that

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