Problem:
Trigen Corp. management will invest cash flows of $331,000, $616,450, $212,775, $818,400, $1,239,644, and $1,617,848 in research and development over the next six years. If the appropriate interest rate is 6.75 percent,
Required:
Question: What is the future value of these investment cash flows six years from today?
Note: Explain in detail.