Question: Solar light Inc is considering a project with the following cash flows: YEAR Cash Flow 1 ............................................$800 2 ............................................$700 3 ............................................$600 4 ............................................$500 a. Calculate

Solar light Inc is considering a project with the following cash flows:
YEAR Cash Flow
1 ............................................$800
2 ............................................$700
3 ............................................$600
4 ............................................$500
a. Calculate the future value of these cash flows in year 4. If the interest rate is 12%
b. What will be the present value if the interest rate is changed to 16%?

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