What is the future value of the following cash flows at the end of year 3 if the interest rate is 9 percent? The cash flows occur at the end of each year. 
Definitions:
Previous Business Success
The accomplishments and positive outcomes achieved by a business in its past operations, often used to gauge potential for future success.
Capital
Financial assets or resources that individuals or companies use to fund their operations and invest in their businesses.
Equity Financing
A method of raising capital through the sale of shares in a company, thereby giving investors ownership interests.
Competitive Advantage
The attribute that allows an organization to outperform its competitors, resulting in greater sales or margins and/or retaining more customers.
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