Consider the following cash flow: Year Cash Flow 2) $22,300 3)$40,300 5) $58,300. Assume an interest rate of 9.1 percent per year.
Requirement 1: If today is Year 0, what is the future value of the cash flows five years from now? (Do not include the dollar signs ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Future value $
Requirement 2: If today is Year 0, what is the future value of the cash flows ten years from now? (Do not include the dollar signs ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Future value $