Question: 1 3. Future Value and Multiple Cash Flows Wells, Inc., has identified an investment project with the following cash flows. If the discount rate is

1 3. Future Value and Multiple Cash Flows Wells,

1 3. Future Value and Multiple Cash Flows Wells, Inc., has identified an investment project with the following cash flows. If the discount rate is 8 percent, what is the future value of these cash flows in Year 4? What is the future value at an interest rate of 11 percent? At 24 percent? Year Cash Flow 1 2 3 $ 865 1,040 1,290 1.385

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