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Booker, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,060 2 1,290 3 1,510 4 2,250 If
Booker, Inc., has identified an investment project with the following cash flows.
Year Cash Flow 1 $ 1,060 2 1,290 3 1,510 4 2,250
If the discount rate is 6 percent, what is the future value of these cash flows in Year 4?
What is the future value at an interest rate of 14 percent?
What is the future value at an interest rate of 21 percent?
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