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You have just received a windfall from an investment you made in a friend's business. He will be paying you $ 1 0 comma 0
You have just received a windfall from an investment you made in a friend's business. He will be paying you $ comma at the end of this year, $ comma at the end of the following year, and $ comma at the end of the year after that years from today The interest rate is per year.
a What is the present value of your windfall?
b What is the future value of your windfall in yearson the date of the last payment
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Part
a What is the present value of your windfall?
The present value of your windfall is $
enter your response here. Round to the nearest cent.
Part
b What is the future value of your windfall in yearson the date of the last payment
The future value of your windfall in years is $
enter your response here. Round to the nearest cent.
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