Question: SOLVE USING EXCEL WITH PRESENT VALUE (PV) OR FUTURE VALUE (FV) FUNCTION!!! 2. JMP Industries just signed a sales contract with a new customer, and

SOLVE USING EXCEL WITH PRESENT VALUE (PV) OR FUTURE VALUE (FV)

SOLVE USING EXCEL WITH PRESENT VALUE (PV) OR FUTURE VALUE (FV) FUNCTION!!!

2. JMP Industries just signed a sales contract with a new customer, and will receive annual customer payments in the amount of $62,000,$108,000,$135,000, and $150,000 at the end of Years 1 to 4 , respectively. What is this contract worth at the end of Year 4 if the firm earns 4.3 percent on its savings? (note: unequal amounts, determine future value)

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