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What is the future value of a five year annuity due that promises to pay you 300 eac
For the next 4 years you will get the following cash flow. $320 $400 $650
$300. If you assume that the interest rate is 6.5% (which means that after you get the money, it will be invested and you will get 6.5% interest from it), how much money will you have in 4 years? |
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