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PRESENT AND FUTURE VALUES OF A CASH FLOW STREAM An Investment will pay $50 at the end of each of the next 3 years, $200

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PRESENT AND FUTURE VALUES OF A CASH FLOW STREAM An Investment will pay $50 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 $600 at the end of Year 6. a. If other investments of equal risk earn 7% annually, what is its present value? Round your answer to the nearest cent 968.80 b. If other investments of equal risk earn 7% annually, what is its future value? Round your answer to the nearest cent $ 1263.12

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