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BACK LET PRENTER VERSION NEXT Problem 6.01 Your answer is incorrect. Try again. Wildhorse, Inc., management expects the company to earn cash flows of $12,500, $15,700, $18,000, and $19,400 over the next four years. If the company uses an 9 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 56,203.03 Question Attempts: 1 of 2 used SAVE FOR LATER SUBMIT ANSWER
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Answer #1

FV4 = $12,500(1.09)3 + $15,700(1.09)2 + $18,000(1.09)1 + $19,400

FV4 = $73,861.03

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