Calculate the present value and future value

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Reference no: EM131175072

An investment scheme pays

$200 at the end of each of the next 4 years,

$400 at the end of year 5,

$300 at the end of year 6 and

$500 at the end of year 7.

Given that other investments of equal risk earn 10% per annum, calculate the present value and future value of this investment.

Reference no: EM131175072

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