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An investment will pay $800 for each of the next three years. It will then pay $4,400 in 8 years. If similar investments yield 11%,

An investment will pay $800 for each of the next three years. It will then pay $4,400 in 8 years. If similar investments yield 11%, what is the present value of this asset? Your Answer: Question 2 An investment will pay $725 in 2,3,4 and 5 years from now. Furthermore, it will pay $4,400 in 9, 10 and 11 years. What is the most you would pay for this investment if you require a 10% return? answer in dollars without the symbol.

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