Your investment will pay $500 at the beginning of each of first 2 years, $100...
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Finance
Your investment will pay $500 at the beginning of each of first 2 years, $100 at the end of Year 4, $500 at the beginning of Year 5, and $300 at the beginning of Year 6. If other investments of equal risk earn 8% annually for first 4 years and then they will earn 7% annually, what is this investment's future value at the end of Year 5?
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