Chuck Brown will receive from his investment cash flows of $3,155, $3,470, and $3,820 at the end of years 1, 2 and 3 respectively. If he can earn 7.5 percent on any investment that he makes, what is the future value of his investment cash flows at the end of three years? (Round to the nearest dollar.)

Question

13-06-2024
Business

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Chuck Brown will receive from his investment cash flows of $3,155, $3,470, and $3,820 at the end of years 1, 2 and 3 respectively. If he can earn 7.5 percent on any investment that he makes, what is the future value of his investment cash flows at the end of three years? (Round to the nearest dollar.)

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