Explain detailed please

Explain detailed please

(4) Assume today is Year 0 and an interest rate is 7.8 percent per year. Cash Flow $8.500 $9.300 $7.100 Year 2 6 (4-1) What is the future value of the following cash flows 10 years from now? (a) $57237.60 (b) $54790.16 (c) $50258.03 (d) $48561.48 (e) $40822.55 (4-2) Your goal is to accumulate $50,000 10 years from now, will you invest in this portfolio? (a) Yes (b) No