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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, $250

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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, $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 7% annually, what is its present value? Round your answer to the nearest cent. $ 1400 b. If other investments of equal risk earn 7% annually, what is its future value? Round your answer to the nearest cent

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