If today is Year 0, what is the future value of the following cash flows five years

Question:

If today is Year 0, what is the future value of the following cash flows five years from now? What is the future value 10 years from now? Assume an interest rate of 9.4 percent per year.

Year Cash Flow

2 ...............$25,000

3 ................ 45,000

5 ................ 65,000

Future Value
Future 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...