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Using an excel document and formula: Cannonier, Inc., has identified an investment project with the following cash flows. If the discount rate is 8 percent,

Using an excel document and formula: Cannonier, Inc., has identified an investment project with the following cash flows. 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 a discount rate of 11 percent? At 24 percent?

Year Cash Flow 1 $1,225

Year 2 1,345

Year 3 1,460

Year 4 1,590

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