Business, 25.02.2020 06:14 chasechevy13

You have just received a windfall from an investment you made in a friend's business. She will be paying you $ 10,000 at the end of this year, $ 20,000 at the end of next year, and $ 30,000 at the end of the year after that (three years from today). The interest rate is 3.5 % 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)?

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You have just received a windfall from an investment you made in a friend's business. She will be pa...

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