Question
Present and Future Value of an Uneven Cash Flow Stream An investment will pay $200 at the end of each of the next 3 years,
Present and Future Value of an Uneven Cash Flow Stream
An investment will pay $200 at the end of each of the next 3 years, $300 at the end of Year 4, $600 at the end of Year 5, and $700 at the end of Year 6. If other investments of equal risk earn 12% annually, what is its present value? Round your answer to the nearest cent. $
What is its future value? Round your answer to the nearest cent. $
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Financial Freedom
Authors: Timothy Turner
1st Edition
1801573573, 978-1801573573
