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PRESENT AND FUTURE VALUES OF A CASH FLOW STREAM An investment will pay $ 1 0 0 at the end of each of the next

PRESENT AND FUTURE VALUES OF A CASH FLOW STREAM
An investment will pay $100 at the end of each of the next 3 years, $250 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 10% annually, what is its present value? Round your answer to the nearest cent.
$
b. If other investments of equal risk earn 10% annually, what is its future value? Round your answer to the nearest cent.
$
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