Future value with multiple cash flows: Expects to earn cash flows of $13,227, $15,611, $18,970 and $19,114
Question:
Future value with multiple cash flows: Expects to earn cash flows of $13,227, $15,611, $18,970 and $19,114 over the next four years. If the company uses an 8% disc. Rate what is the future value of these cash flows at the end of the 4 yrs.
Future ValueFuture value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
Question Posted: