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Christie, Incorporated, has identified an investment project with the following cash flows. Year 1 2 3 4 Cash Flow $ 1,080 1,310 1,530 2,270 a.
Christie, Incorporated, has identified an investment project with the following cash flows. Year 1 2 3 4 Cash Flow $ 1,080 1,310 1,530 2,270 a. If the discount rate is 9 percent, what is the future value of these cash flows in Year 4? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the future value at an interest rate of 12 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What is the future value at an interest rate of 23 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Future value at 9 percent b. Future value at 12 percent c. Future value at 23 percent
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