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QUESTION
Homework #3D (FV of mixed stream)
Homework #3D (FV of mixed stream)
Finance 330
Question 1 (1 point)
You are given an investment to analyze. The cash flows from this investment are
End of year
- $2,247
- $3,903
- $948
- $2,774
- $1,110
What is the future value of this investment at the end of year five if 17.62 percent per year is the appropriate interest (discount) rate?
Round the answer to two decimal places.
