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Wells, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,010 2 1,240 3 1,460 4 2,200 a.
| Wells, Inc., has identified an investment project with the following cash flows. |
| Year | Cash Flow | |||
| 1 | $ | 1,010 | ||
| 2 | 1,240 | |||
| 3 | 1,460 | |||
| 4 | 2,200 | |||
| a. | If the discount rate is 7 percent, what is the future value of these cash flows in Year 4? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| b. | What is the future value at an interest rate of 13 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| c. | What is the future value at an interest rate of 22 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
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Public Private Partnerships Principles Of Policy And Finance
Authors: E. R. Yescombe
1st Edition
0750680547
