1.210 1.100 1.000 = = = = $3,993.00 $6,050.00 $7,700.00 $9,000.00 Why does this increase by $2000 each year? Copyright ©2016 Pearson Education, Inc. All rights reserved. 4-7 4.1 Future Value of Multiple Payment Streams (Example 1 Answer) (We skip in class.) ALTERNATIVE METHOD: Using the Cash Flow (CF) key of the calculator, enter the respective cash flows. CF0=-$3000;CF1=-$5000;CF2=-$7000; CF3=-$9000; Next calculate the NPV using I=10%; NPV=$20,092.41; Finally, using PV=-$20,092.41; n=3;…
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