Question: Need A & B You have just received a windfall from an investment you made in a friend's business. He will be paying you $40,000

Need A & B You have just received a windfall from an

Need A & B

You have just received a windfall from an investment you made in a friend's business. He will be paying you $40,000 at the end of this year, $50,000 at the end of the following year, and $60,000 at the end of the year after that (3 years from today). The interest rate is 9.5% per year. a. What is the present value of your windfall? b. What is the future value of your windfall in 3 years (on the date of the last payment)? a. What is the present value of your windfall? The present value of your windfall is $. (Round to the nearest cent.)

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