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You have just received a windfall from an investment you made in a friend's business. She will be paying you $22.318 at the end of this year. $44, 636 at the end of next year and $66, 954 at the end of the year after that (three years from today). the interest rate is 3.2% per year What is the present value of your windfall? What is the future value of your windfall in three years (on the date of the last payment)?

1. What is the present value of your windfall?

the present value of your windfall is $

2. What is the future value of your windfall in three years

the future value of your windfall in three years is S[j (Round to the nearest dollar)

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92308340

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