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Future Value and Multiple Cash Flows (LO1) Dundonald Inc. has identified an investment project with the following cash flows. If the discount rate is 8%,
Future Value and Multiple Cash Flows (LO1) Dundonald Inc. has identified an investment project with the following cash flows. If the discount rate is 8%, what is the future value of these cash flows in year 4? What is the future value at a discount rate of 11%? At 24%?
Year Cash Flow
1 $1,375
2 $1.495
3 $1,580
4 $1,630
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