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Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $600 2 925 3 1,200 4 1,450 a. If
| Fuente, Inc., has identified an investment project with the following cash flows. |
| Year | Cash Flow |
| 1 | $600 |
| 2 | 925 |
| 3 | 1,200 |
| 4 | 1,450 |
| a. | If the discount rate is 9 percent, what is the future value of these cash flows in year 4? |
| b. | What is the future value at a discount rate of 19 percent? |
| c. | What is the future value at discount rate of 28 percent? |
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