Question: You have until 10:46 PM to complete this assignment. Intro You expect to receive a payment of $1,000 from a trust fund in 14 years.
You have until 10:46 PM to complete this assignment. Intro You expect to receive a payment of $1,000 from a trust fund in 14 years. The annual irfterest rate is 3%. | Attempt 1/1 for 10 pts. Part 1 What is the present value of that amount? 661.12 Part 2 - Attempt 1/1 for 10 pts. If you invest the $1,000 at the same interest rate for another 14 years when you receive it in 14 years, what will be the future value? | + decimals Submit
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