Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $1,030 2 1,260 3 1,480 4 2,220 a. If the discount rate is 8 percent, what is the future value of these cash flows in Year 4? b. If the discount rate is 11 percent, what is the future value of these cash flows in Year 4? c. If the discount rate is 24 percent, what is the future value of these cash flows in Year 4?
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