Solved: You are able reinvest these cash flows at 731 percent, Finance Basics

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You are able reinvest these cash flows at 731 percent

Please show formula and work

You have just purchased an investment that generates the cash flows shown below for the next four years. You are able reinvest these cash flows at 7.31 percent, compounded annually. How much is this investment worth at the end of year four?

End of year

$425
$1,052
$643
$238

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Finance Basics: You are able reinvest these cash flows at 731 percent

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Finance Basics: You are able reinvest these cash flows at 731 percent

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