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1. What is the future value of the following steam of annual cash flows: CF1=$2,000; CF2=$2,500; CF3=(2,000); CF4=($1,000); CF5=$3,500; CF6=$4,500; CF7=$1,000; CF8=(10,000); CF9=$2,500; CF10=$3,000. Discount
1. What is the future value of the following steam of annual cash flows: CF1=$2,000; CF2=$2,500; CF3=(2,000); CF4=($1,000); CF5=$3,500; CF6=$4,500; CF7=$1,000; CF8=(10,000); CF9=$2,500; CF10=$3,000. Discount the cash flow steam at $11% EAR. All cash flows occur at the end of each year. To the penny. Numbers in (***) indicate NEGative cash flows. (Show your calculations and the entries)
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