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What is the future value (as at year 3) of the following cash flows, given an interest rate of 4% p.a.?
What is the future value (as at year 3) of the following cash flows, given an interest rate of 4% p.a.?
Year 0 1 2 3 Cash flow $100$380
Select one:
a. $515
b. $503
c. $499
d. $484