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In: Finance

You will invest the following cash flows into an investment account on the following dates. TIME                         ...

You will invest the following cash flows into an investment account on the following dates.

TIME                          CASH FLOWS

--------------------------------------------------------------

1/1/23                                      +$6500

1/1/24                                      +$6500

1/1/25                                      +$6500

1/1/26                                      +$6500

1/1/27                                      +$6500

                                                                                                                                      

How much will you have in your account on 1/1/2040 (Assume all cash flows earn 10% compounded annually)?   

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