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Christie, Incorporated, has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,090 2 1,320 3 1,540 4 2,280 a.
| Christie, Incorporated, has identified an investment project with the following cash flows. |
| Year | Cash Flow |
|---|---|
| 1 | $ 1,090 |
| 2 | 1,320 |
| 3 | 1,540 |
| 4 | 2,280 |
| a. | 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.) |
| b. | If the discount rate is 13 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.) |
| c. | If the discount rate is 22 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.) |
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Promoting Your Firearms Training Business
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