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Present and Future Value of an Uneven Cash Flow Stream An investment will pay $100 at the end of each of the next 3 years,

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Present and Future Value of an Uneven Cash Flow Stream An investment will pay $100 at the end of each of the next 3 years, $200 at the end of Year 4, $300 at the end of Year 5, and $400 at the end of Year 6. If other investments of equal risk earn 10% annually, what is this investment's present value? Its future value? Do not round intermediate calculations. Round your answers to the nearest cent Present value: S Future value: $ Expected Rate of Return Washington-Pacific (W-P) invests $5 million to buy a tract of land and plant some young pine trees. The trees can be harvested in 14 years, at which time W-P plans to sell the forest at an expected price of $10 million. What is W-P's expected rate of return? Do not round intermediate calculations. Round your answer to two decimal places. Repaying a Loan While Mary Corens was a student at the University of Tennessee, she borrowed $12,000 in student loans at an annual interest rate of 9.9%. If Mary repays $1,500 per year, how long will it take her to repay the loan? Do not round intermediate calculations. Round your answer to the nearest whole number. year(s)

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