Problem:
Trigen. corp management will invest cash flows of $331,000, $616,450, $212,775, $818,400, $1,239,644, and $1,617,848 in research and development over the next six years.
Requirement:
Question: If the appropriate interest rate is 6.75 percent, what is the future value of these investments cash flows six years from today?
Note: Show all workings.