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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, $400 at the end of Year 4, $450 at the end of Year 5, and $650 at the end of Year 6. If other investments of equal risk earn 7% 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: $
Future value: $
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