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Paradise, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 = $575 2= $ 825 3= $1,125 4 =$1,325
Paradise, Inc., has identified an investment project with the following cash flows.
Year Cash Flow
1 = $575
2= $ 825
3= $1,125
4 =$1,325
(a) If the discount rate is 11 percent, what is the future value of these cash flows in year 4?
(b) What is the future value at a discount rate of 16 percent? (c) What is the future value at discount rate of 29 percent?
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