Question: You receive $ 2 , 0 0 0 one year from now and $ 4 , 0 0 0 two years from now. If you

You receive $2,000 one year from now and $4,000 two years from now. If you can earn 9%
annually on your money, what is the present value of these cash flows? What is the future value
in year three?
a. Show the formula solution to this problem, solve using simple algebra.
b. Show the inputs to your calculator and explain the steps you take to solve this problem
using your calculator.

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