Consider the following cash flows: Year Cash Flow 2 $ 21,800 3 39,800 5 57,800...
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Consider the following cash flows: Year Cash Flow 2 $ 21,800 3 39,800 5 57,800 Assume an interest rate of 8.6 percent per year. Requirement 1: If today is Year 0, what is the future value of the cash flows five years from now? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Future value $ Requirement 2: If today is Year 0, what is the future value of the cash flows ten years from now? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
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