#$3$

What is the value today of a money machine that will pay $$1,179\mathrm{.}00$ per year for $25\mathrm{.}00$ years? Assume the first payment is made $6\mathrm{.}00$ years from today and the interest rate is $14\mathrm{.}00\%.$

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

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

#$5$

What is the value today of a money machine that will pay $$1,392\mathrm{.}00$ every six months for $21\mathrm{.}00$ years? Assume the first payment is made $1\mathrm{.}00$ years from today and the interest rate is $13\mathrm{.}00\%.$

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