What is the future value of cash flows, Financial Accounting

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What is the future value of cash flows

Response to the following:

What is the future value, ten years from now, of ten $1,000 cash flows using a periodic interest rate of 8% compounded annually? The cash flows are made at the end of each year.

What is the future value, five years from now, of sixty $100 cash flows using a periodic interest rate of 0.7% compounded monthly? The cash flows are made at the end of each month.

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Financial Accounting: What is the future value of cash flows

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