Question: Problem 6-3 Future Value and Multiple Cash Flows [LO1 Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow $1,010

 Problem 6-3 Future Value and Multiple Cash Flows [LO1 Fuente, Inc.,

Problem 6-3 Future Value and Multiple Cash Flows [LO1 Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow $1,010 1,240 1,460 2,200 1 2 4 a. If the discount rate is 7 percent, what is the future value of these cash flows in Year 4? (Do not round Intermedlate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If the discount rate is 13 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.) c. If the discount rate is 22 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.) Answer is complete but not entirely correct Future value at 7% Future value at 13 % Future value at 22 % 4,897.15 . b. 4,226.21 3,459.57 X C

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