1. What is the future value of $550 deposited for one year earning an 10 percent interest rate annually?
2. What is the value in year 3 of a $680 cash flow made in year 7 if interest rates are 10 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
3. What changes have taken place in capital budgeting techniques used by U.S. companies? Explain in detail the impacts of these budgeting techniques.