If other investments of equal risk earn 12 annually what is


PRESENT AND FUTURE VALUES OF A CASH FLOW STREAM

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: If other investments of equal risk earn 12 annually what is
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