What is the present value of your? windfall

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Reference no: EM133432496

Question: You have just received a windfall from an investment you made in a? friend's business. She will be paying you $12,249 at the end of this? year, $24,498 at the end of next? year, and $36,747 at the end of the year after that? (three years from? today). The interest rate is 12.7% 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: EM133432496

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