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# (Solved): What is the future value in year 7 of these cash flows: Year 0 = \$200; Year 1 = \$240; Year 3 = \$300; ...

What is the future value in year 7 of these cash flows: Year 0 = \$200; Year 1 = \$240; Year 3 = \$300; and Year 4 = \$400? The interest rate is 6 percent.

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Here we have to find the future value in the year 7 of these cash flows.

Here we have given that :- Year 0= \$200 Year 1= \$240 Year 3= \$300 Year 4= \$400 N= time = 7 years Interest rate= 6% or 0.06 Now we use the following formula to calculate the future value in the year 7. Here we have given that at year 0 we have given the cash flow is \$200 that means we have take this value for 7 years after a one year we have given the cash flow is \$240 that means we have left the 6 years to take this value.

So we use the formula is as :-
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