Problem:
Trigen Corp. management will invest cash flows of $1,211,084, $472,150, $1,290,202, $818,400, $1,239,644, and $1,617,848 in research and development over the next six years.
Required:
If the appropriate interest rate is 9.26 percent, what is the future value of these investment cash flows six years from today?
Note: Explain all steps comprehensively.