Question: Problem 5-3 Future Value and Multiple Cash Flows [LO 1 Wells, Inc., has identified an investment project with the following cash flows. Cash Flow Year

Problem 5-3 Future Value and Multiple Cash Flows [LO 1 Wells, Inc., has identified an investment project with the following cash flows. Cash Flow Year $1,060 1,290 1,510 2,250 1 2 a. If the discount rate is 6 percent, what is the future value of these cash flows in Year 4? (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? (Do not round intermediate calculations and round your answer to c. What is the future value at an interest rate of 21 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) decimal places, e.g., 32.16.) Future value at 6 percent . b. Future value at 14 percent Future value at 21 percent c
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