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#1 What is the value today of a money machine that will pay $8,438.00 per year for 12.00 years? Assume the first payment is made
#1 What is the value today of a money machine that will pay $8,438.00 per year for 12.00 years? Assume the first payment is made today and that there are 12.0 total payments. The interest rate is 5.00%. unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #2 C Derek will deposit $4,717.00 per year for 15.00 years into an account that earns 9.00%. The first deposit is made next year. How much will be in the account 15.0 years from today? unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. Derek will deposit $8,034.00 per year for 17.00 years into an account that earns 16.00%, The first deposit is made next year. How much will be in the account 38.00 years from today? unanswered not submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places
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