1. West, a US company, has businesses in Europe and Turkey. West expects to receive US$5 mn from its US operations per annum in the next 3 years, Euro1 mn from its Europe operations per annum in the next 3 years and TL10 mn from its Turkish operations per annum in the next 3 years.

1USD=0.98 Euro in the first year and remains flat in all 3 years,

1 Euro=15 TL in the first year and appreciates by 5% every year in the next 3 years

1. Calculate how much 1USD is worth in TL in the next 3 years?
2. Calculate the total cashflows of West for each year in the next 3 years.