ILL UPVOTE 100%!!! Draw out the time line. Time line must include all cash flows stipulated in the problem occurring at the time period stipulated in the problem.

On the time line, include arrows indicating the compounding or discounting of cash flows to the desired time period.

Under the time line, hand written explanation of your plan to solve the problem.

Consider an annuity due that makes 5 equal annual payments of $15,000 each year starting today. The interest rate is 4.1%. Find the value of this security 3 years from today