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Wells, Inc., has identified an investment project with the following cash flows. Year NM Cash Flow $ 1,050 1,280 1,500 2,240 a. If the discount
Wells, Inc., has identified an investment project with the following cash flows. Year NM Cash Flow $ 1,050 1,280 1,500 2,240 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.) Future value at 7 percent Future value at 13 percent Future value at 22 percent For each of the following annuities, calculate the annual cash flow. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Cash Flow Years Interest Rate Present Value $ 32,200 | $ 29,350 $ 156,500 $ 227,100 18 10 Assume you deposit $4,600 at the end of each year into an account paying 11 percent interest a. How much money will you have in the account in 26 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 52 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value b. Future value
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