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Wells, Inc., has identified an investment project with the following cash flows. Year Cash Flow 865 1,040 1,290 1,385 1 2 3 4 a. If
Wells, Inc., has identified an investment project with the following cash flows. Year Cash Flow 865 1,040 1,290 1,385 1 2 3 4 a. If the discount rate is 8 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 11 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 24 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value . Future value b. Future value
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