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Wells, Inc., has identified an investment project with the following cash flows. Year Cash Flow $ 990 1 2 1,220 1,440 2,180 4 a. If
Wells, Inc., has identified an investment project with the following cash flows. Year Cash Flow $ 990 1 2 1,220 1,440 2,180 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.) a. Future value at 8 percent b. Future value at 11 percent Future value at 24 percent C
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