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Derek will deposit $210.00 per year into an account starting today and ending in year 8.00. The account that earns 14.00% How much will

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Derek will deposit $210.00 per year into an account starting today and ending in year 8.00. The account that earns 14.00% How much will be in the account 8.0 years from today? Submit Answer format: Currency: Round to: 2 decimal places. Derek has the opportunity to buy a money machine today. The money machine will pay Derek $37,246.00 exactly 20.00 years from today. Assuming that Derek believes the appropriate discount rate is 7.00%, how much is he willing to pay for this money machine? Submit Answer format: Currency Round to 2 decimal places.

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