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What is the value in year 10 of a $350 cash flow made in year 6 if interest rates are 12 percent? (Do not round Intermediate
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Answer #1

Value at year 10 = Present value (1 + r)n

Value at year 10 = 350 (1 + 0.12)4

Value at year 10 = 350 * 1.573519

Value at year 10 = $550.73

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