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Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $575 2 975 3 1,150 4 1,350 a. If
| Fuente, Inc., has identified an investment project with the following cash flows. |
| Year | Cash Flow |
| 1 | $575 |
| 2 | 975 |
| 3 | 1,150 |
| 4 | 1,350 |
| a. | If the discount rate is 10 percent, what is the future value of these cash flows in year 4? |
| b. | What is the future value at a discount rate of 18 percent? |
| c. | What is the future value at discount rate of 29 percent? |
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