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An investment will pay $100 at the end of each of the next three years, $250 at the end of year four $400 at the
An investment will pay $100 at the end of each of the next three years, $250 at the end of year four $400 at the end of year five and $500. At the end of year six. If other investments have equal risk earn 4% annually, what is its present value? What is its future value?
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