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You have just received a windfall from an investment you made in a friend's business. She will be paying you $30,000 at the end
You have just received a windfall from an investment you made in a friend's business. She will be paying you $30,000 at the end of this year, $60,000 at the end of next year, and $90,000 at the end of the year after that (3 years from today). The interest rate is 13.6% per year. K a. What is the present value of your windfall? b. What is the future value of your windfall in 3 years (on the date of the last payment)? a. What is the present value of your windfall? The present value of your windfall is $ (Round to the nearest cent.)
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