Fuente, Inc., has identified an investment project with the following cash flows.
Year | Cash Flow |
1 | $1070 |
2 | $1300 |
3 | $1520 |
4 | $2260 |
a. |
If the discount rate is 8 percent, what is the future value of these cash flows in Year 4? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
b. | If the discount rate is 11 percent, what is the future value of these cash flows in Year 4? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
c. | If the discount rate is 24 percent, what is the future value of these cash flows in Year 4? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
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