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#4 What is the value today of a money machine that will pay $1,175.00 every six months for 27.00 years? Assume the first payment is

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#4 What is the value today of a money machine that will pay $1,175.00 every six months for 27.00 years? Assume the first payment is made six months from today and the interest rate is 14.00%. unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #5 What is the value today of a money machine that will pay $2,587.00 every six months for 25.00 years? Assume the first payment is made 5.00 years from today and the interest rate is 10.00%. unanswered Submit not_submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places

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