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Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 940 2 1,170 3 1,390 4 2,130 a.
Fuente, Inc., has identified an investment project with the following cash flows.
Year | Cash Flow | |||
1 | $ | 940 | ||
2 | 1,170 | |||
3 | 1,390 | |||
4 | 2,130 | |||
|
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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