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(Solved): You have just received a windfall from an investment you made in a friend's business. She will be p ...




You have just received a windfall from an investment you made in a friends business. She will be paying you \( \$ 10,000 \)
You have just received a windfall from an investment you made in a friend's business. She will be paying you at the end of this year. at the end of next year, and at the end of the year after that (three years from today). The interest rate is 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)? a. What is the present value of your windfall? The present value of your windfall is (Round to the nearest dollar.) b. What is the future value of your windfall in three years (on the date of the last payment)? The future value of your windfall in three years is (Round to the nearest dollar.)


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a. Determination of present val
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