Question
An investment will pay $150 at the end of each of the next 3 years, $300 at the end of Year 4, $350 at the
An investment will pay $150 at the end of each of the next 3 years, $300 at the end of Year 4, $350 at the end of Year 5, and $450 at the end of Year 6. If other investments of equal risk earn 7% annually, what is this investment's present value? Its future value? Do not round intermediate calculations. Round your answers to the nearest cent.
What is the present value?
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A Handbook Of Mutual Fund Investing
Authors: Barry G Dolgin
1st Edition
1456489704, 978-1456489700
