Question: Problem 5-3 Future Value and Multiple Cash Flows [LO 1] Christie, Incorporated, has identified an investment project with the following cash flows. a. If the
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Problem 5-3 Future Value and Multiple Cash Flows [LO 1] Christie, Incorporated, has identified an investment project with the following cash flows. 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
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