An investment will pay 100 at the end of each of the next 3, Financial Management

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An investment will pay 100 at the end of each of the next 3

An investment will pay $100 at the end of each of the next 3 years, $200 at the end of Year 4, $400 at the end of Year 5, and $600 at the end of Year 6. If other investments of equal risk earn 12% annually, what is its present value? Round your answer to the nearest cent. $ If other investments of equal risk earn 12% annually, what is its future value? Round your answer to the nearest cent. $

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Financial Management: An investment will pay 100 at the end of each of the next 3

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Financial Management: An investment will pay 100 at the end of each of the next 3

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