Future Value and Multiple Cash Flows- Cannonier, Inc. has identified an investment project with the following cash flows. If the discount rate is 8 percent, what is the future value of these cash flows in Year 4 ? What is the future value at a discount rate of 11 percent? At 24 percent?
Year 1 Cash Flow $1225
Year 2 Cash Flow $1345
Year 3 Cash Flow $1460
Year 4 Cash Flow $1590