Turner Video will invest $$64,500$ in a project. The firm$$s cost of capital is $6$ percent. The investment will provide the following inflows. Use Appendix A for an approximate answer but calculate your final answer using the formula and financial calculator methods.

Year Inflow

$1$ $ $18,000$

$220,000$

$324,000$

$428,000$

$532,000$

The internal rate of return is $10$ percent.

If the reinvestment assumption of the net present value method is used, what will be the total value of the inflows after five years? $($Assume the inflows come at the end of each year.$)$

Note: Do not round intermediate calculations and round your answer to $2$ decimal places.Turner Video will invest $$64,500$ in a project. The firm$$s cost of capital is $6$ percent. The investment will provide the following inflows. Use Appendix A for an approximate answer but calculate your final answer using the formula and financial calculator methods.

Year Inflow

$1$ $ $18,000$

$220,000$

$324,000$

$428,000$

$532,000$

The internal rate of return is $10$ percent.

If the reinvestment assumption of the net present value method is used, what will be the total value of the inflows after five years? $($Assume the inflows come at the end of each year.$)$

Note: Do not round intermediate calculations and round your answer to $2$ decimal places.