If the rate of interest earned on the investment is 95 what


An investment pays you $1000 at the end of each of the next 3 years. The investment will then pay you $2000 at the end of Year 4, $5000 at the end of Year 5, and $1000 at the end of Year 6. If the rate of interest earned on the investment is 9.5%, what is its present value? What is its future value at the end of Year 6?

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Finance Basics: If the rate of interest earned on the investment is 95 what
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