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An investment will pay $200 at the end of each of the next 3 years, $300 at the end of Year 4, $600 at the
An investment will pay $200 at the end of each of the next 3 years, $300 at the end of Year 4, $600 at the end of Year 5, and $800 at the end of Year 6. If other investments of equal risk earn 7% annually, what is its present value? Round your answer to the nearest cent. $ What is its future value? Round your answer to the nearest cent
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