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Problem 6-3 Future Value and Multiple Cash Flows [LO1]
Fuente, Inc

#### Problem 6-3 Future Value and Multiple Cash Flows [LO1]
Fuente, Inc

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Finance

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**Problem 6-3 Future Value and Multiple Cash Flows [LO1]**

Fuente, Inc., has identified an investment project with the following cash flows.

YearCash Flow1 $920 2 1,150 3 1,370 4 2,110

**a.**If the discount rate is 9 percent, what is the future value of these cash flows in Year 4? **(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)**

**b.**If the discount rate is 12 percent, what is the future value of these cash flows in Year 4? **(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)c.**If the discount rate is 23 percent, what is the future value of these cash flows in Year 4? **(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)**