Question

Problem 6.01 Crane, Inc., management expects the company to earn cash flows of $12,500, $13,600, $18,600, and $19,300 over the next four years. If the company uses an 7 percent discount rate, what is the future value of these cash flows at the end of year 4? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.) Future value

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer - $70085.68

12500 串13660 18600 $19る60 、 eud I 2 500 x 1 : 225043- utna val : 1 990 ou alre

If the solution helped, please give it a thumbs up. Thank you.

Add a comment
Know the answer?
Add Answer to:
Problem 6.01 Crane, Inc., management expects the company to earn cash flows of $12,500, $13,600, $18,600,...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT