Consider the following cash flows: Year Cash Flow 2 $ 22,800 3 40,800 5 58,800 Assume an interest rate of 9.6 percent per year. a. If today is Year 0, what is the future value of the cash flows five...











Consider the following cash flows:
































YearCash Flow
2$22,800
340,800
558,800













Assume an interest rate of 9.6 percent per year.













a.

If today is Year 0, what is the future value of the cash flows five years from now?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)



b.
If today is Year 0, what is the future value of the cash flows ten years from now?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)


Jun 01, 2022
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