Problem:
Trigen Corp. management will invest cash flows of $1,325,694, $271,653, $1,486,760, $818,400, $1,239,644, and $1,617,848 in research and development over the next six years.
Required:
Question: If the appropriate interest rate is 7.24 percent, what is the future value of these investment cash flows six years from today?
Note: Please show how you came up with the solution.