(Solution) - Determine the future value at the end of June for -(2025 Original AI-Free Solution)

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Determine the future value at the end of June for the following cash flows using a periodic interest rate of 1% compounded monthly:
MONTH AMOUNT ($)
Dec. ......... 15,000
Jan. ......... 22,000
Feb. ......... 28,000
March ......... 35,000
April ........... 30,000
May .......... 15,000
These cash flows occur at the end of the respective months.