14) What is the future value of the following cash flows at the end of...
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14) What is the future value of the following cash flows at the end of year 3 if the interest rate is 6% ? The cash flows occur at the end of each year. 15) Beatrice invests $1,000 in an account that pays 4% simple interest. How much more could she have earned over a five-year period if the interest had compounded annually
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