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j. Find the PV and the FV of an investment that makes the following end-of-year payments Year Payment 1 $200 2 $400 3 $700 Interest
| j. Find the PV and the FV of an investment that makes the following end-of-year payments | ||||
| Year | Payment | |||
| 1 | $200 | |||
| 2 | $400 | |||
| 3 | $700 | |||
| Interest rate (I) | 9% | |||
| Present value of investment (PV) | ||||
| Future value of investment (FV) | ||||
What is the xcel formula to find these two with the given information?
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