Question
Christie, Incorporated, has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,100 2 1,330 3 1,550 4 2,290 If
Christie, Incorporated, has identified an investment project with the following cash flows.
Year | Cash Flow |
---|---|
1 | $ 1,100 |
2 | 1,330 |
3 | 1,550 |
4 | 2,290 |
If the discount rate is 6 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.
What is the future value at an interest rate of 14 percent?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
What is the future value at an interest rate of 21 percent?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
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