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 $ 1,050 2 1,280 3 1,500 4 2,240 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 $

Problem 6-3 Future Value and Multiple Cash Flows [LO1] Cannonier, Inc., has identified an investment project with the following cash flows. Year -NM Cash Flow $ 1,050 1,280 1,500 2,240 4 If the discour 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