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Future Value and Multiple Cash Flows. W.B. Inc. has identified an investment project with the following cash flows. If the required return is 8 percent,
Future Value and Multiple Cash Flows. W.B. Inc. has identified an investment project with the following cash flows. If the required return is 8 percent, what is the future value of these cash flows in Year 4? What is the future value at an interest rate of 11 percent? At 24 percent?
Year Cash Flow
1 $600
2 $800
3 $1,200
4 $2,000
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