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Calculate the present and future value

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Question - Calculate the present and future value of the following exercise:

Suppose that a company now has the opportunity to spend $ 15,000 on some investment that will produce $ 17,000 at 2.53486% distributed over the next 5 years, as indicated below:

Year 1 $3,000

Year 2 $5,000

Year 3 $4,000

Year 4 $3,000

Year 5 $2,000

Reference no: EM132743525

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