Problem 6-3 Future Value and Multiple Cash Flows [LO1]

Cannonier, Inc., has identified an investment project with the following cash flows.

Year	Cash Flow
1		$	930
2			1,160
3			1,380
4			2,120

If the discount rate is 7 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.)

Future value

$

What is the future value at a discount rate of 13 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value

$

What is the future value at a discount rate of 22 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value

$

References

Worksheet