Calculate the future value at the end of year

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1. Calculate the future value at the end of year 5 of the following series of cash flows. CF1 = $1,200, CF3 = $1,600, and CF5 = $1,800. Suppose r is 8% per year. (Note: CF2 = 0, CF4 = 0)

Ans.: $5,298.83

2. Calculate the present value of the following series of cash flows. CF1 = $1,200, CF3 = $1,600, and CF5 = $1,800. Suppose r is 8% per year.

Ans.: $3,606.29

Reference no: EM132540557

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