Future value of investment cash flows
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Trigen Corp. management will invest cash flows of $347,027, $1,244,578, $1,416,890, $818,400, $1,239,644, and $1,617,848 in research and development over the next six years.
If the appropriate interest rate is 9.98 percent, what is the future value of these investment cash flows six years from today? (Round answer to 2 decimal places, e.g. 15.25.)
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Solution Summary
Shows how to calculate the future values of a cash flow series using Excel.
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