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7. Problem 5.07 (Present and Future Values of a Cash Flow Stream) eBook Problem Walk-Through An investment will pay $100 at the end of each
7. Problem 5.07 (Present and Future Values of a Cash Flow Stream) eBook Problem Walk-Through An investment will pay $100 at the end of each of the next 3 years, $200 at the end of Year 4, $400 at the end of Year 5, and $600 at the end of Year 6. If other investments of equal risk earn 7% annually, what is its 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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