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#4 c Derek will deposit $1,311.00 per year for 15.00 years into an account that earns 8.00%. The first deposit is made today. How much
#4 c Derek will deposit $1,311.00 per year for 15.00 years into an account that earns 8.00%. The first deposit is made today. How much will be in the account 15.0 years from today? Note that he makes 15.0 total deposits. unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #5 Derek will deposit $1,350.00 per year into an account starting today and ending in year 13.00. The account that earns 13.00% How much will be in the account 13.0 years from today? unanswered not submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #6 Derek has the opportunity to buy a money machine today. The money machine will pay Derek $22, 121.00 exactly 18.00 years from today. Assuming that Derek believes the appropriate discount rate is 10.00%, how much is he willing to pay for this money machine? unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places
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