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Mathematics
Finance
Compound Interest
for the next 4 years you will get the following cash flow. $420 $520 $750 $540. Assume that the interest is 5.5% how much money will you have in 4 years
1 answer
420*1.055^4 + 520*1.055^3 + 750*1.055^2 + 540*1.055 = $2535.38
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