Jessica has an investment that will pay her $30,000 at the end of the next three years.
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Question:
Jessica has an investment that will pay her $30,000 at the end of the next three years. The investment will then pay her $50,000 at the end of year four, $70,000 at the end of year five and $80,000 at the end of year six. If the interest rate on this investment is 6%, what is the present value and the future value of the investment?
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