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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?
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