Question
Cannonier, Inc., has identified an investment project with the following cash flows. If the disocunt rate is 8 percent, what is the future value of
Cannonier, Inc., has identified an investment project with the following cash flows. If the disocunt rate is 8 percent, what is the future value of these cash flows in year 4? What is the future value at a discount rate of 11 percent? At 24 percent?
| Year | Cash Flow |
| 1 | $1125 |
| 2 | $1345 |
| 3 | $1460 |
| 4 | $1590 |
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
