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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 $ 3 0

You have just received a windfall from an investment you made in afriend's business. He will be paying you $30,000at the end of thisyear,$40,000at the end of the followingyear, and $50,000at the end of the year after that (3years fromtoday).The interest rate is 6.5%per year.
a.What is the present value of yourwindfall?
b.What is the future value of your windfall in 3years(on the date of the lastpayment)?
The answer for A is 104,827.84. What is the future value of your windfall in 3years(on the date of the lastpayment)?

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