Answer to Question #26128 in Finance for Lyle

Question #26128

What is the future value in year 25 of the following cash flow stream given an expected return of 6.5% annually? All cash flows occur at the end of the year.
Year 1 $20,000
Years 2-5 $40,000 per year
Year 6 $120,000
Years 7-10 $10,000 per year

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