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Pharoah, Inc., management expects the company to earn cash flows of $12,600, $15,300, $18,600, and $19,599 over the next four years. If the company uses
Pharoah, Inc., management expects the company to earn cash flows of $12,600, $15,300, $18,600, and $19,599 over the next four years. If the company uses an 10 percent discount rate, what is the future value of these cash flows at the end of year 4? (Round answer to 2 decimal places, e.g., 15.25. Do not round factor values.)
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