#$2$

What is the value today of a money machine that will pay $$2,490\mathrm{.}00$ per year for $23\mathrm{.}00$ years? Assume the first payment is made one year from today and the interest rate is $9\mathrm{.}00\%.$

correct

Points: $0\mathrm{.}95$

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Answer format: Currency: Round to: $2$ decimal places.

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#$3$

What is the value today of a money machine that will pay $$1,878\mathrm{.}00$ per year for $17\mathrm{.}00$ years? Assume the first payment is made $10\mathrm{.}00$ years

unanswered

from today and the interest rate is $11\mathrm{.}00\%.$

not submitted

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Answer format: Currency: Round to: $2$ decimal places.

#$4$

What is the value today of a money machine that will pay $$2,946\mathrm{.}00$

answered

every six months for $28\mathrm{.}00$ years? Assume the first payment is made six months from today and the interest rate is $10\mathrm{.}00\%.$

correct

Points: $1$

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Answer format: Currency: Round to: $2$ decimal places.

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#$5$

What is the value today of a money machine that will pay $$2,380\mathrm{.}00$

every six months for $14\mathrm{.}00$ years? Assume the first payment is made $3\mathrm{.}00$ years from today and the interest rate is $14\mathrm{.}00\%.$

not$\_$submitted

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Answer format: Currency: Round to: $2$ decimal places.