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1 ) Number of Periods for an Annuity You have $ 3 8 , 7 7 5 . 5 5 in a brokerage account, and

1) Number of Periods for an Annuity
You have $38,775.55 in a brokerage account, and you plan to deposit an additional $6,000 at the end of every future year until your account totals $250,000. You expect to earn 10% annually on the account. How many years will it take to reach your goal? Do not round intermediate calculations. Round your answer to the nearest whole number.
______years
2) Present and Future Value of an Uneven Cash Flow Stream
An investment will pay $150 at the end of each of the next 3 years, $300 at the end of Year 4, $400 at the end of Year 5, and $500 at the end of Year 6. If other investments of equal risk earn 10% annually, what is this investment's present value? Its future value? Do not round intermediate calculations. Round your answers to the nearest cent.
Present value: $
Future value: $

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