Future Value and Multiple Cash Flows
September 9th, 2022
Paradise, Inc., has identified an investment project with the following cash flows. If the discount rate is 8%, what is the the future value of these cash flows in year 4. What is the future value at a discount rate of 11%?At 24%?
Year Cash Flow
1 $ 700
2 950
3 1,200
4 1,300