BU111-Time Value of X T BU111-Fall 2023 - A X 089621::3355252c-56c7-49d1-88d4-0a94b13a1499 Nova Skin R History ab #9 Lab Preparation Problems omework Due in 2 days V nave enougn money to buy the boat. Unanswered 5 Block Tools - Usef... % O Targets placed: 0/2 You can place up to 2 targets G Search or type URL T 5. Your grandmother bought you a lottery ticket and you won $1,000 a month for life. You send your grandmother the biggest and most expensive flowers you can find and promise to spend $150 every month on a nice dinner with her. With the remaining monthly amount you wonder if, rather than spending it, should you instead save $850 of it to buy the saboat shown here, as you have always dreamed of being able to take your friends and family sailing. You have $20,000 already set aside in your savings account that earns 2.5% compounded quarterly. The owner of the sailboat has said she is happy to keep the sailboat for her own use for up to four years and sell it to you at that time at the price showing on the