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Havana, Inc., has identified an investment project with the following cash flows. Year -NM Cash Flow $ 970 1,200 1,420 2,160 Requirement 1: Assume the
Havana, Inc., has identified an investment project with the following cash flows. Year -NM Cash Flow $ 970 1,200 1,420 2,160 Requirement 1: Assume the discount rate is 7 percent, what is the future value of these cash flows in Year 4? $4,386.65 $5,750.00 $5,373.83 $6,241.57 $6,152.50 Requirement 2: What is the future value in Year 4 at an interest rate of 13 percent? $6,497.50 $3,526.58 $6,696.49 $5,444.69 $5,750.00 Requirement 3: What is the future value in Year 4 at an interest rate of 22 percent? $7,015.00 $5,750.00 $2,595.54 $4,713.11 $7,439.85
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