What is the t=3 value of the following cash flow stream? (The interest rate is 8%)
CF₀ = 7000
CF₁ = 4000
CF₂ = 4000
CF₃ = 4000

What will be the value of the above cash flow stream at time t=4?

 

What is the t=2 value of the following cash flow stream?  (The interest rate is 9%.)
CF₀ = 500
CF₁ = 600
 What will be the value of the investment at time t=5? (Assume no further deposits and the interest rate remains at 9%)