PRESENT AND FUTURE VALUES OF A CASH FLOW STREAM

An investment will pay $$150$ at the end of each of the next $3$ years, $$250$ at the end of Year $4,$$$350$ at the end of Year $5,$ and $$600$ 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 investments of equal risk earn $9\%$ annually, what is its future value? Round your answer to the nearest cent.

$ $$