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b. A single cash flow of $932.47 is available now (in period 0). For this cash flow, the appropriate discount rate / period is 3.9%.

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b. A single cash flow of $932.47 is available now (in period 0). For this cash flow, the appropriate discount rate / period is 3.9%. What is the period 4 future value of this sir cash flow? i. Calculate the future value of the single cash flow in three equivalent ways. First, calculate the future value using a time line, where each column corresponds to a period of calendar time. (4 marks) ii. Second, use a formula for the future value. (4 marks) iii. Third, use Excel's FV function for the future value. (4 marks)

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