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An investment will pay you $10,000 in 10 years and it also will pay you $400 at the end of each of the next 10

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An investment will pay you $10,000 in 10 years and it also will pay you $400 at the end of each of the next 10 years (Years 1 through 10). If the annual interest rate is 6%, how much would you be willing to pay today for this type of investment? (Hint: there are two separate items to calculate.) 3 Factors for Calculating the Future Value of an Annulty of $1 In Arrears Factors for Calculating the Future Value of $1 Factors for Calculating the Present Value of $1 Factors for Calculating the Present Value of an Annuity of $1

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