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Business, 13.01.2021 17:30 Annamea

You receive five annual cash flows of $10,000 with the first cash flow being received today and the last cash flow occurring 4 years from today (i. e., there are 5 total cash flows). You place each $10,000 cash flow into the bank as soon as you receive it. The bank's APR (r) is 6% and compounding is done on an annual basis. Ten years from today, you take all your money out of the bank. How much total do you have

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