You have just received a windfall from an investment you made in a friend's business. She will be paying you $ 36 comma 079 at the end of this year, $ 72 comma 158 at the end of next year, and $ 108 comma 237 at the end of the year after that (three years from today). The interest rate is 5.6 % 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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