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Paradise, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $575 2 850 3 1,050 4 1450 (a) If
Paradise, Inc., has identified an investment project with the following cash flows.
Year Cash Flow
1 $575
2 850
3 1,050
4 1450
(a) If the discount rate is 9 percent, what is the future value of these cash flows in year 4?
(b)
What is the future value at a discount rate of 19 percent?
(c)
What is the future value at discount rate of 29 percent?
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