Question
1. Sasha owns two investments, A and B, that have a combined total value of 44,000 dollars. Investment A is expected to pay 26,100 dollars
1. Sasha owns two investments, A and B, that have a combined total value of 44,000 dollars. Investment A is expected to pay 26,100 dollars in 5 year(s) from today and has an expected return of 3.46 percent per year. Investment B is expected to pay 37,405 dollars in T years from today and has an expected return of 3.75 percent per year. What is T, the number of years from today that investment B is expected to pay 37,405 dollars? Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).
2. Sasha owns two investments, A and B, that have a combined total value of 52,900 dollars. Investment A is expected to pay 21,000 dollars in 1 year(s) from today and has an expected return of 17.64 percent per year. Investment B is expected to pay 81,846 in 8 years from today and has an expected return of R per year. What is R, the expected annual return for investment B? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.
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