Problem:
Trigen Corp. management will invest cash flows of $431,509, $793,514, $1,168,212, $818,400, $1,239,644, and $1,617,848 in research and development over the next six years.
Required:
Question: If the appropriate interest rate is 6.1 percent, what is the future value of these investment cash flows six years from today?
Note: Explain in detail and show all computations in proper way.