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Business, 19.10.2019 01:10 bankskry

Aconstruction management company is examining its cash flow requirements for the next 7 years. the company expects to replace software and infield computing equipment at various times over a 7-year planning period. specifically, the company expects to spend $6000 one year from now, $9000 three years from now, and $10,000 each year in years 6 through 10. what is the future worth in year 10 of the planned expenditures, at an interest rate of 12% per year?

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