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Q31.webp

Question: 31
(Choose 1 answer)
John will receive from his investment cash flows of $3,000, $2,000, and $1,000. If he can earn 7.5 percent on any
investment that he makes, what is the future value of his investment cash flows at the end of three years? (Round
to the nearest dollar.)
A. $6,617
B. $6,517
C. $6,417
D. $6,317

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