Consider the following cash flows year cash flow 2 21600 3, Financial Management

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Consider the following cash flows year cash flow 2 21600 3

Consider the following cash flows: Year Cash Flow 2 $ 21,600 3 39,600 5 57,600 Assume an interest rate of 8.4 percent per year. Requirement 1: If today is Year 0, what is the future value of the cash flows five years from now? Requirement 2: If today is Year 0, what is the future value of the cash flows ten years from now?

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Financial Management: Consider the following cash flows year cash flow 2 21600 3

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Financial Management: Consider the following cash flows year cash flow 2 21600 3

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