Question: What is the present value P at time 0 and the corresponding future value F at the end of year 3

What is the present value "P" at time 0 and the corresponding future value "F" at the end of year
3 for a series of $20,000 payments made at the end of each of the years one, two and three,
assuming that no payment is realized at time zero. Use a nominal interest rate of 15%
compounded Annually.
What is the present value "P" at time 0 and the

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