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You have just received a windfall from an investment you made in a? friend's business. He will be paying you $ 26,720 at the end of this? year, $53,440 at the end of the following? year, and $80,160 at the end of the year after that? (three years from? today). The interest rate is 8.2% per year.

a. What is the present value of your? windfall?

b. What is the future value of your windfall in three years? (on the date of the last? payment)?

(Round to the nearest? dollar.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92712482

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