You have been offered the opportunity to invest in a project
You have been offered the opportunity to invest in a project that
will pay $4,150 per year at the end of years one through three and $6,107 per year at the end of years four and five. These cash flows will be placed in a saving account that pays 16.34 percent per year. What is the future value of this cash flow pattern at the end of year five?
Round the answer to two decimal places.
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