Question : You have been offered the opportunity to invest in a
You have been offered the opportunity to invest in a business endeavor that will pay $5969 per year at the end of years one through three and $6542 per year at the end of years four and five. These cash flows will be placed in a savings account that will pay 13.38 percent per year. What is the future value of this cash flow pattern at the end of year five?
Round the answer to two decimal places.