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Please complete a and b em 5.07 Click here to read the eBook: Future Values Click here to read the eBook: Present Values O PRESENT

Please complete a and b image text in transcribed
em 5.07 Click here to read the eBook: Future Values Click here to read the eBook: Present Values O PRESENT AND FUTURE VALUES OF A CASH FLOW STREAM o An investment will pay $100 at the end of each of the next 3 years, $200 at the end of Year 4, $400 at the end of Year 5, and $550 at the end of Year 6 a. If other investments of equal risk earn 9% annually, what is its present value? Round your answer to the nearest cent. b. If other i of equal risk earn 9% annually, what is its future value? Round your answer to the nearest cent. 10

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