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Homework answers / question archive / Consider the following cash flows year 2: 22,300 year 3: 40,300 year 5: 58,300 Assume an interest rate of 9

Consider the following cash flows year 2: 22,300 year 3: 40,300 year 5: 58,300 Assume an interest rate of 9

Finance

Consider the following cash flows

year 2: 22,300

year 3: 40,300

year 5: 58,300

Assume an interest rate of 9.1 percent per year.
Requirement 1:

If today is Year 0, what is the future value of the cash flows five years from now?

Requirement 2:

If today is Year 0, what is the future value of the cash flows ten years from now?

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