Year Cash flows FV Factor 10% PV 0 2,000 1.61051 3,221.02 1 2,000 1.4641 2,928.2 2 0 1.331 0 3 1,500 1.21 1,815 4 2,500 1.1 2,750 5 4,000 1 4,000 Future value of cash flow of stream 14,714.22 1 Step-by-step explanation Year Cash flows FV Factor 10%(1+r)n-1 PV (cashflow x compound factor) 0 2,000 1.61051 (1.61051 x 2,000) = 3,221.02 1 2,000 1.4641 (2,000 x 1.4641) = 2,928.2 2 0 1.331 0 3 1,500 1.21 (1,500 x 1.21) = 1,815 4 2,500 1.1 (2,500 x 1.1) = 2,750 5 4,000 1 (4,000 x 1) = 4,000 Future value of cash flow of stream 14,714.22 1