What is the present value of your windfall

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Reference no: EM131978960

You have just received a windfall from an investment you made in a friend's business. She will be paying you 33,807 at the end of this year, $67,614 at the end of next year, and $101,421 at the end of the year after that? (three years from today). The interest rate is 10.4% per year.

a. What is the present value of your windfall?

b. What is the future value of your windfall in three years? (on the date of the last payment)?

Reference no: EM131978960

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