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nald Inc. has identified an 13. Future Value and Multiple Cash Flows (L01) Dundonald Inc. has ide investment project with the
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Answer #1

FV = PV(1 + r)t

FV@8% = $1,375(1.08)3 + $1,495(1.08)2 + $1,580(1.08) + $1,630 = $6,812.27

FV@11% = $1,375(1.11)3 + $1,495(1.11)2 + $1,580(1.11) + $1,630 = $7,106.28

FV@24% = $1,375(1.24)3 + $1,495(1.24)2 + $1,580(1.24) + $1,630 = $8,509.52

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