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#3 What is the value today of a money machine that will pay $4,055.00 per year for 12.00 years? Assume the first payment is made

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#3 What is the value today of a money machine that will pay $4,055.00 per year for 12.00 years? Assume the first payment is made 3.00 years from today and the interest rate is 14.00%. unanswered Submit not submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #4 What is the value today of a money machine that will pay $3,348.00 every six months for 15.00 years? Assume the first payment is made six months from today and the interest rate is 12.00%. unanswered Submit not submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #5 What is the value today of a money machine that will pay $2,642.00 every six months for 15.00 years? Assume the first payment is made 3.00 years from today and the interest rate is 12.00%. unanswered Submit not submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places

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