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An investment will pay $50 at the end of each of the next 3 years, $200 at the end of Year 4,$300 at the end
An investment will pay $50 at the end of each of the next 3 years, $200 at the end of Year 4,$300 at the end of Year 5 , and $600 at the end of Year 6 . If other investments of equal risk earn 8% 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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