Question
2. Cannon Inc. has identified an investment project with the following cash flows. If the discount rate is 8%, what is the future value of
2. Cannon Inc. has identified an investment project with the following cash flows. If the discount rate is 8%, what is the future value of these cash flows in year 4? If the discount rate is 11%, what is the future value in year 4? Show your work.
| Year | Cash Flow |
| 1 | $1,225 |
| 2 | $1,345 |
| 3 | $1,460 |
| 4 | $1,590 |
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Accounting For Beginners Learn Easy And Fast Accounting Principles
Authors: Dan Wilson
1st Edition
1700199900, 978-1700199904
