Problem on future value of investment


Trigen Corp. management will invest cash flows of $905,963, $529,350, $1,038,985, $818,400, $1,239,644, and $1,617,848 in research and development over the next six years. If the appropriate interest rate is 5.46 percent, what is the future value of these investment cash flows six years from today?

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Accounting Basics: Problem on future value of investment
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