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You have just received a windfall from investment you made in a friends business she will be paying you 18,646 at the end of this
You have just received a windfall from investment you made in a friends business she will be paying you 18,646 at the end of this year 37,292 at the end of next year and 55,938 at the end of the year after that three years from today the interest rate is 3.2% per year
PLEASE ANSWER BOTH
what is the present value of your windfall? AND
What is the future value of your windfall in three years?
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