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3 00:07:51 Book Print erences Evaluate the future value of an investment that has the following multiple cash flows: Year Cash Flow 2 35 $22,700
3 00:07:51 Book Print erences Evaluate the future value of an investment that has the following multiple cash flows: Year Cash Flow 2 35 $22,700 40,700 58,700 Assume an interest rate of 9.5 percent per year. a. Today is Year O, what is the future value of the cash flows 5years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Today is Year O, what is the future value of the cash flows 10 years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. b. Value in five years Value in ten years
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