Present and future values of a cash flow stream
An investment will pay $150 at the end of each of the next 3 years, $250 at the end of Year 4, $300 at the end of Year 5, and $500 at the end of Year 6.
If other investments of equal risk earn 5% annually, what is its present value? Round your answer to the nearest cent. $
If other investments of equal risk earn 5% annually, what is its future value? Round your answer to the nearest cent. $