If the discount rate is 7 percent what is the future value


Cannonier, Inc., has identified an investment project with the following cash flows.

Year Cash Flow

1 $ 1,090

2 1,320

3 1,540

4 2,280

If the discount rate is 7 percent, what is the future value of these cash flows in Year 4? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value $   

What is the future value at a discount rate of 13 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value $   

What is the future value at a discount rate of 22 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value $   

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Financial Management: If the discount rate is 7 percent what is the future value
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