What is the future value of these cash flows

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

Year

Cash Flow

1

$1,060

2

1,290

3

1,510

4

2,250

If the discount rate is 6 percent, what is the future value of these cash flows in Year 4?

What is the future value at a discount rate of 14 percent?

What is the future value at a discount rate of 21 percent?

Reference no: EM132149033

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