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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
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 $550 at the end of Year 6. If other investments of equal risk earn 9% annually, what is this investment's present value? Its future value? Do not round intermediate calculations. Round your answers to the nearest cent.
Future value is 1979.22. Just need the present value
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