An investment will pay $200 at the end of each of the next 3 years, $400 at

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An investment will pay $200 at the end of each of the next 3 years, $400 at the end of Year 4, $500 at the end of Year 5, and $600 at the end of Year 6. If other investments of equal risk earn 8% annually, what is this investment's present value? Its future value?

Posted Date: May 19, 2024 11:05 AM

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An investment will pay $200 at the end of each of the next 3 years, $400 at

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