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Derek has the opportunity to buy a money machine today. The money machine will pay Derek $44,542.00 exactly 14.00 years from today. Assuming that Derek
Derek has the opportunity to buy a money machine today. The money machine will pay Derek $44,542.00 exactly 14.00 years from today. Assuming that Derek believes the appropriate discount rate is 6.00%, how much is he willing to pay for this money machine? unanswered not submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. Suppose you deposit $2,412.00 into an account today that earns 6.00%. In 15.00 years the account will be worth unanswered Submit not submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #4 Suppose you deposit $2,240.00 into an account today. In 9.00 years the account is worth $3,587.00. The account earned_% per year. unanswered Submit not_submitted Attempts Remaining: Infinity Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924) Suppose you deposit $1,698.00 into an account today that earns 5.00%. It will take__years for the account to be worth $2,559.00. unanswered Submit not_submitted Attempts Remaining: Infinity Answer format: Number: Round to: 2 decimal places
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