Question
5.2 :Havana, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 920 2 1,150 3 1,370 4 2,110
5.2 :Havana, Inc., has identified an investment project with the following cash flows.
Year | Cash Flow | |||
1 | $ | 920 | ||
2 | 1,150 | |||
3 | 1,370 | |||
4 | 2,110 | |||
|
Requirement 1: |
If the discount rate is 9 percent, what is the future value of these cash flows in Year 4? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Future value | $ |
Requirement 2: |
What is the future value at an interest rate of 12 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Future value | $ |
Requirement 3: |
What is the future value at an interest rate of 23 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Future value | $ |
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