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An investment will pay $200 at the end of each of the next 3 years, $400...

An investment will pay $200 at the end of each of the next 3 years, $400 at the end of Year 4, $450 at the end of Year 5, and $650 at the end of Year 6. If other investments of equal risk earn 11% annually, what is this investment's present value? Its future value? Do not round intermediate calculations. Round your answers to the nearest cent.

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jeff jeffy answered 2 years ago
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