You have just received a windfall from an investment you made in a friend's business. She will be paying you

$37,964

at the end of this year,

$75,928

at the end of next year, and

$113,892

at the end of the year after that (three years from today). The interest rate is

10.3%

per year.

a. What is the present value of your windfall?

b. What is the future value of your windfall in three years (on the date of the last payment)?