Question $1$

Havana Inc has identified an investment project with the following cash flows:

Year Cash Flow $($RM$)$

$11,075$

$21,235$

$31,510$

$41,965$

If the discount rate is $8$ percent, what is the future value of these cash flows in Year $4?$

What is the future value at an interest rate of $11$ percent? At $24$ percent?