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Consider the following cash flows: Assume an interest rate of 8 . 4 percent per year. a . If today is Year 0 , what

Consider the following cash flows:
Assume an interest rate of 8.4 percent per year.
a. If today is Year 0, what is the future value of the cash flows five years from now?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
b. If today is Year O, what is the future value of the cash flows ten years from now?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
a. Value in five years
b. Value in ten years
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