Question: A manager needs to estimate the Future Value for the estimated cash-flows given below: Time Cash-Flow Year 0 (today) $56,576 . At end of Year
A manager needs to estimate the Future Value for the estimated cash-flows given below: Time Cash-Flow Year 0 (today) $56,576 . At end of Year 1 $-16,976 Annual interest rate is 5.4% The given cash-flows are compounded quarterly Determine the Future Value in $) for the given cash-flows at the end of two years. IMPORTANT: Round your answer to the nearest integer
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