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Future Value and Multiple Cash Flows Cannonier, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 990 2

Future Value and Multiple Cash Flows

Cannonier, Inc., has identified an investment project with the following cash flows.

Year Cash Flow

1 $ 990

2 1,220

3 1,440

If the discount rate is 8 percent, what is the future value of these cash flows in Year 4?

What is the future value at a discount rate of 11 percent?

What is the future value at a discount rate of 24 percent?

4 2,180

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