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Mathematics, 07.11.2019 20:31 raynamg2718

Joey is planning to invest his savings in a fixed income fund. he manages to deposit $700 at the end of the first year, $500 at the end of the second year, $300 at the end of the third year, and $600 at the end of the fourth year. if the fund earns 6 percent interest each year, the terminal value of this uneven cash flow stream at the end of year 4 is

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