Fuente, Inc., has identified an investment project with the following cash flows. |
Year | Cash Flow |
1 | $600 |
2 | 875 |
3 | 1,100 |
4 | 1,350 |
a. |
If the discount rate is 11 percent, what is the future value of these cash flows in year 4? |
b. |
What is the future value at a discount rate of 20 percent? |
c. |
What is the future value at discount rate of 30 percent? |
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