Question
Havana, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1= $ 1,100 2= 1,330 3= 1,550 4= 2,290 Requirement
Havana, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1= $ 1,100 2= 1,330 3= 1,550 4= 2,290
Requirement 1: Assume the discount rate is 6 percent, what is the future value of these cash flows in Year 4? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the 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 14 percent? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the 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 21 percent? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Future value $
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