Fuente, Incorporated, has identified an investment project with the following cash flows.

Year Cash Flow

1 $625

2 800

3 1,125

4 1,350

If the discount rate is 10 percent, what is the future value of these cash flows in year 4?

a. $4,387.38

b. $3,900.00

c. $4,826.11

d. $4,336.12

e. $4,439.20

What is the future value at a discount rate of 20 percent?

a. $4,932.00

b. $3,900.00

c. $5,918.40

d. $4,874.85

e. $4,989.76

What is the future value at discount rate of 29 percent?

a. $5,474.21

b. $3,900.00

c. $7,061.73

d. $5,537.63

e. $5,411.44