In: Finance
Kindly use excel and use screenshots to show formulas
Fisher, Inc., has identified an investment project with the following cash flows. If the discount rate is 8 percent for the first 2 years and 6% for the years after, beginning in year 3, what is the future value of these cash flows in Year 5? What is the future value of the cash flows in year 10? What is the present value of the cash flows?
Year Cash Flow
1 $1,075
2 $1,235
3 $1,510
4 $1,965
5 0
6 0
7 $10,000