What is present value and future value

Reference no: EM131512055

Question: An investment pays you $100 at the end of each of next 3 years. the investment will then pays you $200 at the end of 4,$300 at the end of 5, and $500 at the end of year six if the interest rate earned on the investment is 8%. what is its present value? what is its future value?

Reference no: EM131512055

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