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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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