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A new start-up company promises to pay an investor each quarter for the next two years. The company will pay $20,625.00 per quarter for the
A new start-up company promises to pay an investor each quarter for the next two years. The company will pay $20,625.00 per quarter for the first four quarters, and then $25,800.00 per quarter for the following four quarters. If the investor wants a 8.80% APR return with quarterly compounding, what is the value of the investment opportunity today? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here... A relative has promised to pay you $61.00 today, and he will pay you additional payments every year for the next five years. Each year he will ad $88.00 to the previous payment. (So, the payment in year 1 will equal $149.00). You decide to save every dollar you are given and will invest the money in an account paying 5.00% annual interest. How much money will you have accumulated in five years? Keep in mind that you will have six total cash flows to invest. Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here
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