You have just purchased an investment that generates the cash flows shown below for the next four years

Finance Jun 07, 2021

You have just purchased an investment that generates the cash flows shown below for the next four years. You are able reinvest these cash flows at 9.10 percent, compounded annually. How much is this investment worth at the end of year four?

End of year

$472
$976
$616
$295

Round the answer to two decimal places.

Expert Solution

So, The investment worth at the end of four year is $2,741.71

PFA

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