You have just received a windfall from an investment you made in
a friend's business. She will be paying you $25,155 at the end of
this year, $50,310 at the end of next year, and $75,465 at the
end of the year after that (three years from today). The interest
rate is 12.2% 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)?
You have just received a windfall from an investment you made in a friend's business. She will be paying you $25,155 at
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answerhappygod
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