1. Cannonier, Inc., has identified an investment project with the following cash flows.

YearCash Flow1$93021,16031,38042,120

If the discount rate is 7 percent, what is the future value of these cash flows in Year 4?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value$

What is the future value at a discount rate of 13 percent?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value$

What is the future value at a discount rate of 22 percent?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value$

2. If you put up $53,000 today in exchange for a 6.75 percent, 14-year annuity, what will the annual cash flow be?(Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Annual cash flow$