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An investment offers $9,868 per year for 23 years, with the first payment occurring 1 year from now. If the required retum is 12 percent,

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An investment offers $9,868 per year for 23 years, with the first payment occurring 1 year from now. If the required retum is 12 percent, what is the value of the investment Enter with two decimal places D Question 6 1 pts Investment X offers to pay you $4,870 per year for 13 years, whereas Investment Y offers to pay you $2,597 per year for 6 years. How much higher is the present value investment X if the discount rate is 14 percent? Round to nearest whole number

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