Question
Havana, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 970 2 1,200 3 1,420 4 2,160 Requirement
Havana, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 970 2 1,200 3 1,420 4 2,160 Requirement 1: If the discount rate is 7 percent, what is the future value of these cash flows in Year 4? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Future value $ Requirement 2: What is the future value at an interest rate of 13 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Future value $ Requirement 3: What is the future value at an interest rate of 22 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Future value $
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