1)

A.Starting today, Nina is planning to invest at the beginning of each year for 6 years. Nina will earn is an annual 6.50%return on her investment. How much money would the investment be worth in todays dollars?

B. Nina is looking for a sofa for $7800 and the credit terms are 3 years at an annual interest rate of 6.8%. If you purchase the sofa on credit and make each payment every month, how much will you have to pay each term?

Inflation isn't told in these problems