What is the future value at a discount rate

Reference no: EM132149991

Question - Cannonier, Inc., has identified an investment project with the following cash flows.

Year	Cash Flow
1	$970
2	1,200
3	1,420
4	2,160

If the discount rate is 7 percent, what is the future value of these cash flows in Year 4?

What is the future value at a discount rate of 13 percent?

What is the future value at a discount rate of 22 percent?

Reference no: EM132149991

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