Christie, Incorporated, has identified an investment project with the following cash flows. Year Cash Flow 1...
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Christie, Incorporated, has identified an investment project with the following cash flows. Year Cash Flow 1 2 $ 1,060 1,290 3 4 1,510 2,250 a. If the discount rate is 6 percent, what is the future value of these cash flows in Year 4? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the future value at an interest rate of 14 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What is the future value at an interest rate of 21 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Future value at 6 percent b. Future value at 14 percent c. Future value at 21 percent Christie, Incorporated, has identified an investment project with the following cash flows. Year Cash Flow 1 2 $ 1,060 1,290 3 4 1,510 2,250 a. If the discount rate is 6 percent, what is the future value of these cash flows in Year 4? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the future value at an interest rate of 14 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What is the future value at an interest rate of 21 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Future value at 6 percent b. Future value at 14 percent c. Future value at 21 percent
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