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Problem 4-07 (Present and Future Value of an Uneven Cash Flow Stream) Question 2 of 10 Check My Work (1 remaining) Present and Future Value
Problem 4-07 (Present and Future Value of an Uneven Cash Flow Stream) Question 2 of 10 Check My Work (1 remaining) Present and Future Value of an Uneven Cash Flow Stream An investment will pay $150 at the end of each of the next 3 years, $300 at the end of Year 4,$400 at the end of Year 5 , and $600 at the end of Year 6 . If other investments of equal risk earn 12% 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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