If the discount rate is 6 percent what is the future value


Havana, 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

Requirement 1: If the discount rate is 6 percent, what is the future value of these cash flows in Year 4? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Future value $

Requirement 2: What is the future value at an interest rate of 14 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Future value $

Requirement 3: What is the future value at an interest rate of 21 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Future value $

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Financial Management: If the discount rate is 6 percent what is the future value
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