An investment will pay $150 at the end of each of the next 3 years, $200 at the end of Year 4, $350 at the end of Year 5, and $500 at the end of
Year 6. If other investments of equal risk earn 11% annually, what is its present value? Its future value? Do not round intermediate calculations.
Round your answers to the nearest cent.
Present value: $
Future value: $