An investment will pay $100 at the end of each of the next 3 years, $250 at the end of Year 4, $400 at the end of Year 5, and $500 at the end of Year 6.A) If other investments of equal risk earn 6% annually, what is its present value? Round your answer to the nearest cent. B) If other investments of equal risk earn 6% annually, what is its future value? Round your answer to the nearest cent.

Present value = $1,117

Future value = $1,585

Explanation:

Given:

1st investment (C1) = $100

Number of year = 3

2nd Investment(C2) = $200 ( 4th year)

3rd Investment(C3) = $300 (5th year)

4th Investment(C4) = $500 (6th year)

rate of interest = 6% = 0.06

Present value :

Present value = $1,116.75 = $1,117

Future Value:

Future value = $1,585

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.