Question
Fuente, Inc., 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 a.
| Fuente, Inc., 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 | |||
| a. | If the discount rate is 6 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 14 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 21 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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Finance A Quantitative Introduction Volume 2
Authors: Piotr Staszkiewicz, Lucia Staszkiewicz
1st Edition
0128027975, 978-0128027974
