PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS
1.-FUTURE VALUE. Miss Ruth Encarnación Plateros y Del Valle, has to pay off a debt at the end of year 6. Ruth Encarnación will receive a flow of 35,000.00 per year, at the end of each period. She wants to know the amount equivalent to the future value of this series of 6 flows, considering a capitalization rate of 9%.
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